Nilesh Shah on WebNotes

Kotak Mutual Fund

Fri, 19 Jun 2026 00:00:00 +0000

Kotak Mutual Fund, registered as Kotak Mahindra Mutual Fund and managed by Kotak Mahindra Asset Management Company Limited (KMAMC), is an Indian asset management company sponsored by Kotak Mahindra Bank Limited . The mutual fund registered with the Securities and Exchange Board of India on 23 June 1998 under registration code MF/038/98/1, and the AMC managed a quarterly average assets under management (QAAUM) of Rs 5.81 lakh crore for the quarter ended March 2026, the fifth largest fund house in India by that measure.

Nilesh Shah

Tue, 19 May 2026 00:00:00 +0000

Nilesh Shah is the Managing Director of Kotak Mahindra Asset Management Company (Kotak Mahindra MF). With over three decades in Indian capital markets and asset management, he is one of the most recognised voices on Indian financial markets and a frequent commentator across business television and print media.

Career

Nilesh Shah has held senior leadership positions across major Indian financial services firms. He joined Kotak Mahindra Asset Management as Managing Director, leading the AMC through periods of substantial AUM growth. Prior roles include senior positions at other major Indian asset managers and financial-services firms.

Nilesh Shah

Tue, 12 May 2026 00:00:00 +0000

Nilesh Shah is the Managing Director and Chief Executive Officer of Kotak Mahindra Asset Management Company (Kotak AMC), one of India’s five largest mutual fund houses by assets under management, a position he has held since January 2014. One of the most publicly prominent figures in Indian asset management, Shah has been associated with capital markets for over three decades, having previously served as Deputy Managing Director at ICICI Prudential Asset Management Company and as a key figure in fixed income markets at Franklin Templeton Investments India. He is a past president and current board member of the Association of Mutual Funds in India (AMFI) and a prolific commentator on equity markets, investor education, regulatory reform, and India’s long-term economic trajectory. His tenure at Kotak AMC has been marked by sustained growth in assets under management from approximately Rs 30,000 crore at the time of his joining to over Rs 3.5 lakh crore by the mid-2020s, a strong emphasis on systematic investment plan (SIP) culture across the retail investor base, and outspoken advocacy for deepening domestic equity participation as a mechanism for household wealth creation.