Kotak Wins UAE Retail Fund Licence

  Published 7 months ago

Kotak International secures UAE licence, enabling retail fund sales and expanding beyond high-net-worth investors.

  • Kotak becomes the first Indian firm licensed by the UAE to sell funds directly to retail investors.
  • Plans first India-focused retail fund in the UAE by the final quarter of 2025.
  • The move aligns with deepening India-UAE financial ties, attracting diaspora and the broader investor community.

You might like these

Sensex, Nifty Edge Higher; Auto Stocks Lead

Saregama Q1 Net Profit Slips Slightly

UCO Bank Appoints New CFO, Sumit Khandelwal

NHPC Q4 FY25: Revenue Up, Profits Mixed

India Oil Demand Jumps in May

Nestle India Bonus Issue Adjusts Price

L&T Launches Texas Tech Hub for Defense & AI Innovation

News that matters the most ⚡