Thematic funds galore: Kotak MF launches Transportation and Logistics Fund

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Thematic funds galore: Kotak MF launches Transportation and Logistics Fund - Business Standard

Quick Summary:

The New Fund Offer (NFO) opened for subscription on November 25, 2024, and closes on December 9, 2024.

This growth is fuelled by rising vehicle ownership, the shift from fossil fuel engines to electric vehicles, and increasing per capita GDP.

The fund will be managed by Nalin Bhatt, who has been with Kotak Mahindra AMC since February 2016 and has over 20 years of experience in equity research and fund management.