Kotak Mutual Fund announces change in fund managers for six schemes

Kotak Mutual Fund has announced change in fund managers for its six equity oriented schemes. The fund house informed the investors about this through a notice cum addendum.

The notice cum addendum also stated that the fund house has recently appointed Atul Bhole, Rohit Tandon, and Mandar Pawar as key personnel and fund managers in Kotak Mutual Fund.

The fund house also informed that all other terms and conditions of the SIDs, KIMs and SAIs of the schemes will remain unchanged. This addendum forms an integral part of the SIDs and KIMs of the above-mentioned schemes as amended from time to time.

The schemes are from mid cap, aggressive hybrid, large cap, balanced advantage, thematic fund categories.

According to the last available portfolio, Kotak Emerging Equity Fund is the second largest scheme based on assets managed in the mid cap category. The scheme manages assets of Rs 38,519.69 crore.