Connect with us
DAPA Banner

Business

Kotak Mutual Fund temporarily suspends subscriptions in its 4 international funds

Published

on

Kotak Mutual Fund temporarily suspends subscriptions in its 4 international funds
Kotak Mutual Fund has announced temporary suspension of subscriptions in its four international funds: Kotak Global Emerging Market Overseas Equity Omni FOF, Kotak Global Innovation Overseas Equity Omni FOF, Kotak International REIT Overseas Equity Omni FOF, and Kotak Quality Overseas Equity Omni FOF, with effect from April 30.

The fund house said that acceptance of fresh or additional lump sum or switch-in transactions, and fresh SIP or STP registrations in these schemes, will be discontinued with effect from April 30, 2026, while permitting fresh or additional lump sum or switch-ins or registration of SIP or STP up to Rs 1 lakh per PAN per month in the respective schemes.

Also Read | International funds deliver up to 50% returns in a year, subscriptions halted. Should investors book profits or stay invested?
The unitholders were informed about these changes through a notice-cum-addendum. The notice-cum-addendum also said that all purchase or switch transactions of the schemes timestamped on or before 3.00 pm on April 29, 2026, shall be accepted and processed at applicable NAV. However, instalments falling due under existing SIP or STP registered prior to the effective date will be processed under respective Plans or Options of the schemes at applicable NAV.

As of March 2026, Kotak Global Emerging Market Overseas Equity Omni FOF, Kotak Global Innovation Overseas Equity Omni FOF, Kotak International REIT Overseas Equity Omni FOF, and Kotak Quality Overseas Equity Omni FOF had an AUM of Rs 935 crore, Rs 604 crore, Rs 98 crore, and Rs 58.02 crore, respectively.

Advertisement

These four international funds are managed by Arjun Khanna. In the last one year, Kotak Global Emerging Market Overseas Equity Omni FOF, Kotak Global Innovation Overseas Equity Omni FOF, and Kotak International REIT Overseas Equity Omni FOF gave returns of 65.96%, 43.51%, and 20.74%, respectively.
Kotak Quality Overseas Equity Omni FOF was launched on March 25, 2026, and has delivered a 5.12% return since inception.
Also Read | Best mutual fund SIP portfolios to invest in May 2026
Apart from these four international funds, Kotak Mutual Fund manages one more international fund, Kotak US Specific Equity Passive FoF, which is also managed by Arjun Khanna and has delivered a 56.20% return since its inception on February 2, 2021.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and twitter handle

Add ET Logo as a Reliable and Trusted News Source

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

IsoEnergy Ltd.: The Grade Is World-Class, The Timeline Is Not

Published

on

IsoEnergy Ltd.: The Grade Is World-Class, The Timeline Is Not

IsoEnergy Ltd.: The Grade Is World-Class, The Timeline Is Not

Continue Reading

Business

How redistricting and the Supreme Court have cut voters out of US House races

Published

on

How redistricting and the Supreme Court have cut voters out of US House races


How redistricting and the Supreme Court have cut voters out of US House races

Continue Reading

Business

Crypto Is Now Mainstream. Investors of All Ages Are Diving In.

Published

on

Crypto Is Now Mainstream. Investors of All Ages Are Diving In.
In this article

Shortly after Charles Schwab announced in April that it would soon allow investors to trade crypto directly on its platform, financial advisor Jeff Judge received a question from a 68-year-old client who had always dismissed Bitcoin: Was he “missing something?” the client asked Judge.

Continue Reading

Business

Butterfly Network: Valuation Ahead Of Execution

Published

on

Butterfly Network: Valuation Ahead Of Execution

Butterfly Network: Valuation Ahead Of Execution

Continue Reading

Business

Berkshire shareholders like Greg Abel, but following Warren Buffett is tough

Published

on

Berkshire shareholders like Greg Abel, but following Warren Buffett is tough


Berkshire shareholders like Greg Abel, but following Warren Buffett is tough

Continue Reading

Business

Bitcoin targets $80,000 amid regulatory progress and S&P 500 record

Published

on


Bitcoin targets $80,000 amid regulatory progress and S&P 500 record

Continue Reading

Business

US Secretary of State to travel to Vatican and Italy, newspapers report

Published

on

US Secretary of State to travel to Vatican and Italy, newspapers report


US Secretary of State to travel to Vatican and Italy, newspapers report

Continue Reading

Business

OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say

Published

on

OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say


OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say

Continue Reading

Business

10 penny stocks surged up to 490% in 6 months. Do you own any? – Penny Stock Surge

Published

on

10 penny stocks surged up to 490% in 6 months. Do you own any? - Penny Stock Surge

In the last six months, 10 penny stocks delivered impressive gains ranging from 25% to 490%, including two multibaggers. We identified these outperformers using specific filters: a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a latest minimum trading volume of 5 lakh shares. This approach helped spotlight low-priced, actively traded micro-cap stocks showing strong upward momentum.
Penny stocks continue to draw interest due to their low price points and high return potential. However, they come with substantial risks, including low liquidity, sharp volatility, and limited transparency. For investors, success in this space requires more than luck, it demands discipline, thorough research, and a firm grip on risk management. (Data Source: ACE Equity)

Continue Reading

Business

S&P Earnings Record May Be A Warning

Published

on

S&P Earnings Record May Be A Warning

S&P Earnings Record May Be A Warning

Continue Reading

Trending

Copyright © 2025