HT Bureau
GUWAHATI, Nov 6: Kotak Mahindra Asset Management Company Ltd. (KMAMC) has announced the launch of the Kotak Rural Opportunities Fund, an open-ended equity scheme focused on India’s rural and allied sectors.
The scheme opened for public subscription on November 6 and will remain open until November 20, 2025.
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The fund aims to generate long-term capital appreciation by investing primarily in equity and equity-related securities of companies engaged in or benefiting from India’s rural transformation.
Its benchmark index will be the Nifty Rural Index (TRI).
Launching the fund, Nilesh Shah, Managing Director of Kotak Mahindra Asset Management Company Ltd., said rural India is emerging as a new growth frontier.
“From financial inclusion to digital connectivity and local manufacturing, rural India is witnessing a transformation driven by opportunity, aspiration, and policy. The Kotak Rural Opportunities Fund aims to help investors participate in this shift, one that aligns with India’s journey toward inclusive and balanced economic development,” he said.
Rural India’s economic profile is rapidly evolving, with about 40% of rural workers now engaged in non-agricultural jobs and women’s workforce participation nearly doubling since 2018.
Over half of rural spending is now directed toward non-food items, signalling rising incomes and diversified consumption patterns.
Arjun Khanna, Fund Manager of the Kotak Rural Opportunities Fund, said the rural theme offers “structurally positive” prospects driven by improving incomes, infrastructure, and access to finance and technology.
“Through a diversified, bottom-up approach, we aim to identify businesses driving or benefiting from this transformation,” he added.
During the NFO period, investors can invest a minimum of Rs 1,000 and in multiples thereafter.
For SIPs, the minimum investment is Rs 500.
Further details are available at www.kotakmf.com.
Investors are advised to consult financial and tax advisors before investing. KMAMC has stated that it does not guarantee or promise any returns.
