Kotak Mahindra Asset Management Co. and Bank of India Mutual Fund have introduced equity-oriented New Fund Offers to attract investors amid choppy market conditions.
Kotak Mahindra Asset Management Company and Bank of India Mutual Fund have launched equity-focused new fund offers to attract fresh investment amid the volatile secondary markets.
The Kotak Active Momentum Fund aims to capture opportunities by identifying stocks with earnings momentum, built on an in-house proprietary model. The scheme will be open for public subscription from Tuesday.
The quant-based fund targets companies with increasing earnings per share, driven by analyst upgrades and positive earnings surprises, as well as analyst ratings.
The fund portfolio will be constructed from the top 250 stocks by market capitalisation, applying rigorous filters to exclude weaker candidates and arrive at a diversified basket of 40–50 high-quality stocks, which will be dynamically reviewed and rebalanced to capture emerging opportunities.
Nilesh Shah, Managing Director, Kotak Mahindra AMC, said markets are a slave to earnings, and historically, earnings have outperformed price across both bull and bear phases, which is the foundation of the new fund.
BoI MF Mid-Cap fund
Bank of India MF has launched a mid-cap fund to generate long-term capital appreciation by investing in mid-cap companies. With India’s economy entering a new phase of structural growth, mid-cap companies are emerging as an opportunity for wealth creation. The Bank of India Mid Cap Fund is designed to capitalise on this dynamic opportunity by identifying high-quality mid-sized enterprises with scalable business models, strong management, and competitive moats.
Mohit Bhatia, CEO of Bank of India Investment Managers, said that as the Indian economy continues to expand and diversify, mid-cap companies are well-positioned to be key beneficiaries of the next phase of value creation across sunrise sectors and business models.
Alok Singh, CIO, BOI IM, said the current premium of mid-cap companies over the large-cap reflects the potential of growth this segment can deliver over the years.
Some of the sectors that can capture the potential growth in the Indian economy are present only in the mid-cap space, and it has the potential to deliver superior returns than large-cap stocks, he said.
Published on July 28, 2025