Kotak Mutual Fund Appoints Kalpesh Jain as Fund Manager for Specialised Investment Funds

Kotak Mutual Fund Appoints Kalpesh Jain as Fund Manager for Specialised Investment Funds

Kotak Mutual Fund has announced the appointment of Kalpesh Jain as Fund Manager – Specialised Investment Funds (SIF), according to a recent company release. The launch of SIF products is expected under the Infinity SIF brand name by Kotak AMC.

The introduction of the Specialised Investment Fund category presents a significant opportunity for asset managers to expand beyond traditional mutual fund offerings, said Nilesh Shah, Managing Director of Kotak AMC. The new category offers a clear opportunity to provide differentiated strategies backed by strong investment processes and disciplined risk management.

Kalpesh Jain brings over 18 years of experience in financial markets, with expertise spanning fund management, wealth advisory, and capital markets. Prior to joining Kotak AMC, Jain held positions at Tata AMC and Julius Baer.

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The AMC has not yet announced details on the product launch. However, the Specialised Investment Fund category is gaining traction among asset managers as they look to expand beyond traditional mutual fund offerings.

Specialised Investment Funds: A New Class of Investment Products

The Specialised Investment Fund category was introduced by SEBI to bridge the gap between traditional mutual funds and portfolio management services. These funds are open to investors committing a minimum investment of Rs 10 lakh and offer fund managers greater flexibility in portfolio construction, while retaining regulatory oversight and investor protection.

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SEBI has permitted seven investment strategies across equity, debt, and hybrid asset classes under the SIF framework.