Kotak Mutual Fund reduced its stake in Nippon Life India Asset Management Limited from 1.84% to 1.75%, selling 5,77,261 shares.
An asset management company that provides mutual funds, exchange traded funds, and portfolio management services to Indian and international investors. The firm manages alternative investment funds, pension funds, and offshore funds while offering comprehensive advisory mandates across various investment categories and asset classes. It serves institutional and retail clients through diversified investment solutions tailored to different risk profiles and investment horizons.
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.
