Motilal Oswal Financial Services Limited
Kotak Mutual Fund initiated a new position in Motilal Oswal Financial Services, acquiring 69,41,887 shares for 1.15% stake in the company.
A diversified financial services firm providing stockbroking, wealth management, investment advisory, and related financial services across India. Founded in 1987, the company operates through an extensive network spanning over 550 cities and towns with more than 2,500 business locations served by business partners. It caters to retail and institutional clients through an integrated platform offering equities, derivatives, commodities, and mutual funds.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.