Overview
KOTAK MAHINDRA PENSION FUND LTD.
Kotak Mahindra Pension Fund Ltd. (KMPFL) is a joint venture between Kotak Mahindra Asset Management Limited ("KMAMC") and Kotak Mahindra Bank Ltd (“KMBL”). KMPFL has been appointed as a Pension Fund Manager (PFM) by the Pension Fund Regulatory and Development Authority ("PFRDA"), on 30th April 2009 for managing the funds under National pension System (NPS).
THE KOTAK MAHINDRA GROUP
Kotak Mahindra is one of India's leading financial organizations, offering a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, to mutual funds, to life insurance, to investment banking, the group caters to the diverse financial needs of individuals and corporates.. The group has a net worth of over Rs. 10,963 crores and has a distribution network of branches, franchisees, representative offices and satellite offices across cities and towns in India and offices in New York, London, San Francisco, Dubai, Mauritius and Singapore. The Group services around 8.8 million customer accounts. KMAMC, a wholly owned subsidiary of KMBL, is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF). KMAMC started operations in December 1998 and has over 10 Lac investors in various schemes. KMMF offers schemes catering to investors with varying risk - return profiles and was the first fund house in the country to launch a dedicated gilt scheme investing only in government securities.