Indian asset management firm Kotak Mahindra has launched an India Mid-Cap fund into the UK retail market.
India Mid-Cap is a Luxembourg-domiciled Sicav which invests in shares and equity-linked instruments, with the manager Nitin Jain taking a combined bottom-up and thematic approach to stock selection. At launch the fund has a bias towards the themes of demographic-led consumption and infrastructure development. Jain looks for companies with a competitive advantage or a strong presence within a particular niche segment of the market, and the potential for rapid growth. He can also take the fund up to 35% in large caps. Jain says: "As the global recovery has gathered pace, large-cap funds...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
