The New Fund Offer (NFO) opens for subscription on November 25, 2024, and will close on December 9, 2024.
The fund aims to generate long-term capital growth by investing predominantly in equity and equity-related securities of companies involved in transportation, logistics, and related industries.
This includes businesses in transportation infrastructure, logistics services, sustainable transportation innovations, and financial services supporting these sectors.
The fund will take a bottom-up approach, with investments across large, mid, and small-cap companies.
The transportation and logistics industry is set for significant expansion, supported by major infrastructure projects, technological advancements, and the shift to organized sectors
. Government schemes like Bharatmala and the growth in manufacturing provide a strong growth trajectory.
Nilesh Shah, Managing Director of KMAMC, said, “This fund gives investors a chance to participate in India’s rapidly evolving transportation and logistics sector, driven by vehicle ownership growth, electric vehicle adoption, and initiatives like Bharatmala and GatiShakti.”
Harsha Upadhyaya, CIO and Fund Manager, added, “The sector is benefiting from tailwinds like rising consumption, increasing per capita GDP, and growing e-commerce. The government’s focus on creating an efficient logistics network will further boost sector growth.”
The Kotak Transportation & Logistics Fund will be managed by Nalin Bhatt.
Investors can invest a minimum of ₹100 during the NFO period.
