Kotak Rolls Out U.S. Mutual Fund

Indian financial services provider, Kota Group, is launching its first mutual fund in the U.S.

Indian financial services provider, Kota Group, is launching its first mutual fund in the U.S. The ALPS Kotak India Growth Fund will invest in large-cap, mid-cap and small-cap Indian companies with high growth potential. ALPS Advisors will be the portfolio’s investment advisor.Nitin Jain of Kotak Mahindra (U.K.) will be the principal portfolio manager for the fund. The ALPS Kotak India Growth Fund is distributed by ALPS Distributors and is currently available through Oppenheimer, Commonwealth, Credit Suisse, Fidelity, JP Morgan, Pershing, Schwab and TD Ameritrade.

Click here for the release from PR Newswire.