HT Bureau
GUWAHATI, Feb 3: Kotak Mahindra Asset Management Company Ltd (KMAMC) on Tuesday announced the launch of the Kotak Services Fund, an open-ended equity scheme focused on the services sector, which is a key contributor to India’s economic growth.
The new fund offer (NFO) will open on February 4 and close on February 18, 2026.
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The scheme aims to provide investors exposure to India’s services sector, which contributes about 55 per cent to the country’s Gross Value Added (GVA) and employs nearly 31.5 per cent of the workforce.
The fund will invest across a range of service-oriented industries, including consumer services, telecommunications, healthcare, logistics, financial services, information technology, power, and oil and gas.
According to the fund house, these segments continue to benefit from structural growth drivers such as rising incomes, digital adoption and urbanisation.
The Kotak Services Fund will follow a Growth at Reasonable Price (GARP) investment approach and a bottom-up BMV (Business, Management, Value) framework.
It will invest across market capitalisations, focusing on companies with strong cash flows, scalable business models and long-term growth potential.
Nilesh Shah, managing director of Kotak Mahindra Asset Management Company Ltd, said India’s services economy is undergoing a structural transformation driven by changes in consumption patterns, technology adoption and urban growth.
He said the fund aims to capture emerging opportunities within the services sector to generate long-term value for investors.
Rohit Tandon, fund manager of the Kotak Services Fund, said the services theme offers a balance of stability and growth due to its presence across both consumption-led and export-driven segments.
He said the portfolio would focus on companies with sustainable margins, evolving business models and prudent capital allocation, with the objective of long-term wealth creation.
The fund is being launched at a time when service-oriented enterprises are increasingly leveraging technology, specialisation and operational efficiencies to scale their businesses.
The minimum investment during the NFO period is ₹1,000, with additional investments allowed thereafter.
The scheme is suitable for investors seeking long-term capital appreciation through a diversified portfolio of service-sector companies, as per the product suitability disclosures.
Mutual fund investments are subject to market risks, and investors are advised to read all scheme-related documents carefully before investing.
