Kotak Mutual Fund has announced the launch of the Kotak Services Fund, an open-ended equity scheme following the service theme. The fund enables investors to access India’s core growth engine-the services sector that contributes 55% to the country’s GVA (Gross Value Added) and employs 31.5% of the country's workforce.
The new fund offer or NFO of the fund will open for subscription on February 4 and will close on February 18.
With diverse sectors such as consumer services, telecom, healthcare, logistics, financial services, IT, power and oil & gas scaling rapidly, India’s services economy continues to unlock multiple structural growth drivers for long‑term investors, according to a press release.
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The Kotak Services Fund aims to capture this multi-dimensional opportunity through a disciplined investment strategy anchored in Growth at Reasonable Price (GARP) and a bottom‑up BMV framework (Business, Management, Value). The fund will invest across market capitalisations, focusing on quality businesses with strong cash flows, scalable models, and long-term compounding potential.
“India’s services economy is undergoing a structural shift, driven by rising incomes, greater digital adoption, and expanding urbanisation. These forces are reshaping how Indians consume, transact, and access essential services. With the Kotak Services Fund, we aim to construct a portfolio that can capture the evolving opportunities within India’s services economy and deliver long-term value for investors,” said Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company.
The performance of the fund will be benchmarked against Nifty Services Sector TRI (Total Return Index) and will be managed by Rohit Tandon and Abhishek Bisen.
“The services theme offers both stability and growth through its breadth across consumption-driven and export-driven segments. The services sector, in our view, represents one of the most compelling combinations of resilience and scalability in India’s market landscape. At the Kotak Services Fund, our portfolio construction will lean toward companies that have proven their ability to sustain margins, upgrade business models, and deploy capital judiciously. Our investment conviction is anchored in the belief that disciplined selection of such companies can translate into stable, long-term wealth creation for investors,” said Rohit Tandon, Fund Manager for Kotak Services Fund.
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The Kotak Services Fund is being launched at a time when India’s service‑oriented enterprises are reshaping the way households, businesses, and institutions function. As customer expectations shift and service delivery models advance, the sector is experiencing strong growth in enterprises that are leveraging specialization, technology‑enabled processes, and operational discipline to scale efficiently.
The NFO offers a minimum investment of Rs 1,000 and any amount thereafter during the offer period. The fund is suitable for investors seeking long-term capital appreciation through a diversified portfolio of companies engaged in service-oriented businesses, as outlined within the scheme’s product suitability disclosures.
The new fund offer or NFO of the fund will open for subscription on February 4 and will close on February 18.
With diverse sectors such as consumer services, telecom, healthcare, logistics, financial services, IT, power and oil & gas scaling rapidly, India’s services economy continues to unlock multiple structural growth drivers for long‑term investors, according to a press release.
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The Kotak Services Fund aims to capture this multi-dimensional opportunity through a disciplined investment strategy anchored in Growth at Reasonable Price (GARP) and a bottom‑up BMV framework (Business, Management, Value). The fund will invest across market capitalisations, focusing on quality businesses with strong cash flows, scalable models, and long-term compounding potential.
“India’s services economy is undergoing a structural shift, driven by rising incomes, greater digital adoption, and expanding urbanisation. These forces are reshaping how Indians consume, transact, and access essential services. With the Kotak Services Fund, we aim to construct a portfolio that can capture the evolving opportunities within India’s services economy and deliver long-term value for investors,” said Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company.
The performance of the fund will be benchmarked against Nifty Services Sector TRI (Total Return Index) and will be managed by Rohit Tandon and Abhishek Bisen.
“The services theme offers both stability and growth through its breadth across consumption-driven and export-driven segments. The services sector, in our view, represents one of the most compelling combinations of resilience and scalability in India’s market landscape. At the Kotak Services Fund, our portfolio construction will lean toward companies that have proven their ability to sustain margins, upgrade business models, and deploy capital judiciously. Our investment conviction is anchored in the belief that disciplined selection of such companies can translate into stable, long-term wealth creation for investors,” said Rohit Tandon, Fund Manager for Kotak Services Fund.
Also Read | Gold, silver ETFs see sharp correction: Redeem, hold or buy more?
The Kotak Services Fund is being launched at a time when India’s service‑oriented enterprises are reshaping the way households, businesses, and institutions function. As customer expectations shift and service delivery models advance, the sector is experiencing strong growth in enterprises that are leveraging specialization, technology‑enabled processes, and operational discipline to scale efficiently.
The NFO offers a minimum investment of Rs 1,000 and any amount thereafter during the offer period. The fund is suitable for investors seeking long-term capital appreciation through a diversified portfolio of companies engaged in service-oriented businesses, as outlined within the scheme’s product suitability disclosures.
