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Home > Personal Finance > Capital Market Equity and Mutual Funds > Kotak Gold ETF
Kotak Gold ETF
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I was looking for a good investment option where I could be assured of better returns and one of my friends suggested Kotak Mutual Funds. I was hesitant due to the number of frauds in banking and finance industry these days but the staff helped me undertsand the different investment plans better.
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Multiple schemes are available under the banner of Kotak Mutual Funds such as equity, debt, balanced, bond fund and monthly income plan. Select the type of mutual fund that best suits your needs and affordability. Call up Kotak for complete assistance and guidance. It is a better option compared to the modern banking schemes.
Most people have heard of Kotak Mutual Funds as it is a popular name in the industry. These days, investing in bank FD barely gives returns. That is why, opting for mutual funds is wiser. The SIP mutual fund by Kotak allows you to start saving from very low amounts.
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Kotak Mutual Funds is one of the reputed places where you can invest money and be assured of better returns. The company has remained in the industry for long and understand the ethics of the industry. Try SIP mutual funds by Kotak if you want to reduce the risk further.
As these days, banks offer a very low interest rate on the savings, I chose to invest in mutual funds. Kotak Mutual Funds were suggested by many of our friends because the name is trusted in the industry of mutual funds. They also have multiple different offerings and one can choose as per one’s need and affordability.
Kotak Mutual Fund is the first name that comes to the mind when a person is seeking a firm that is experienced in the industry. It has a diverse range of offerings and it also prides in many years of reputation in the industry. Mutual funds are a great way to gain better income through plans like SIP.
I have been looking for a Mutual fund name that is not just trustworthy but also has multiple offerings when its comes to services. That is why Kotak Mutual Fund was my first choice as it has services listed here:
• Debt
• Monthly income plan
• Equity
• Balanced
• International Fund
• Bond Fund
I think when it comes to mutual funds, there is no name more known than Kotak Mutual Funds. It is a name synonymous with trust and reliability. The vast range of services it offers in mutual funds is another reason why people prefer to invest in Kotak for long term savings.
Kotak Mutual Fund is one of the preferred mutual funds in India due to its high level of expertise and experience in the industry. Kotak has remained a name one can trust when one is planning to set aside money for the future and dreaming to build a better tomorrow.
It is one of the fastest growing mutual fund in India. It is run and manged by Mr. Nilesh Shah, MD, KOTAK MC . This company offers many attractive schemes It has large cap, mid cap, small cap, debt etc funds I like its kotak select focus fund . This fund has climbed 80 percent in recent times. its cricil MF rating is five star . It means, it is first rank fund in its category .It is large cap fund. It is equity, open ended type fund . it was launched in Augustus, Its asset size is 9867.01 Cr. its fund manger is Mr, Harsh Upadhaya.He is very young and energetic.Its first year return was 32 percentage and five year returmn was 20.3 percentage This company`s customer service is not so good . They do not attend calls . sometimes the tall free number is not in existence. The staff is good, if anyone attend the call.
Hlo friends I am nikhil gupta I have share my true experience about this kotak mutual funds this mutual funds are not give the intrest at a fix rates of interest about this customer all the customer are unhappy to this mutual funds customer service are not good to mutual funds staff courtesy are very bad and this mutual funds are not giving the the loans very high this mutual funds are very bad I am very disappointed to this mutual funds agaist public weldare so I am appeal that you cannot invest money in this mutual funds all the employee are not satisfied about this mutual funds corporation soo kotak mahindra funds are not good
Nowadays Kotak Mutual Funds is one of the best mutual funds.It is one of the top ranked.
RBI gave the licence yo Kotak Mututal Fund to carry on banking business.
If offers a wide ranging of banking products and financial service for corporate and retail customers, and they offer lot of schemes like Equity, Balanced, debt, monthly income plan, bond and international fund. Cusomer Service is too good and they give interest 34% return.Staff courtesy is very nice.
Kotak mutual fund is one of the best mutual fund nowdays. It is one of the top ranked large cap fund , i.e. Kotak select focus fund ( direct and regular).
It has been nearly about ten months of my investment in kotak select focus I have invested 10, 000( ten thousand) rupees now my total portfolio value is 11, 420.72( eleven thousand four hundered twenty rupees and seventy two paise) in ten months I earned 1420.72 ( one thousand four hundered twenty rupees) interest , i.e 34% return. This fund is giving 34% annualised return.
Kotak mutual fund is one of the fastest growing mutual fund in india.
It offrs lot of great option for investors.
It offers following scheme :
A Equity
B balanced
C debt
D monthly income plan
E bond fund
F international fund
If you are looking to park your income for more then 5 years go for equity fund.
Kotak Mahindra Bank is an Indian private sector banking headquartered in Mumbai, Maharashtra, India. In February 2003, Reserve Bank of India ( RBI) gave the licence to Kotak Mahindra Finance Ltd., the group's flagship company, to carry on banking business.[2]
It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.
As of 30 September 2014, Kotak Mahindra Bank has a network of 641 branches and over 1, 159 ATMs spread across 363 locations in the country. The bank, which has garnered positive reviews from its customers and clients[3] before its merger with ING Vysya, had around 29, 000 employees.[4] In 2014, it was the fourth largest private bank in India by market capitalization.[5]
But whenever the get chance I would will tweet and tell on Facebook to my friends and family that
Kotak has poor quality of customer support. It is highly shameful that your basic services like fund update on mobile are not working since last 2 weeks. Free ulip statement has not reached my email despite requests last week
It systems of Kotak life do not work for weeks.
Kotak life insurance does not have online redemption of units and Kotak deliberately makes it difficult for customers to redeem units when required.
Kotak life insurance returns from investments are below average if you compare with other products in market.
I do not suggest to my friends and family and anyone reading this article to ever buy any investment plans or u
ULIPs from Kotak mahindra
Shame on Kotak.
My ULIP policy with Kotak is 857341.
We had an account in kotak mutual fund but we really surprised that they did not return our interest money we invested in this mutual fund each and every month for almost 2years
We spoke to the customer care about our investment and came to know that the interest rates and the gain were hit and nothing benifits to the investors
We really lost all our hard earned meagrely amount which saved each and every month and invested in this mutual funds at last we last all our money without any gain
I would strongly recommend not to invest In this mutual fund rather please survey around or you can discuss with your financial advisor before taking any step
Thanks
I have invested in Kotak mutual funds and portfolio is held with canarabank in Demat.when I wanted to sell the portfolio in market canarabank and Kotak mutual fund refused to sell the portfolio stating that same is held in Demat and hence cannot be sold.Immediately I have requested to remat the portfolio to sell the same through Kotak mutual fund local office.
Due to negligence of canarabank and Kotak mutual fund till date Iam unable to sell the portfolio and due to huge drop in mkt price Iam put in great loss.It is more than 4 months and Iam yet to hear from canarabank and Kotak mutual funds.k v Prabhakar Rao
Kotak mutual fund offers some good funds. It was referred to me by Citibank. I invested in Kotak fund through Citibank. I got decent returns until I was invested in the scheme. After 4 months, I wanted the money and applied for redemption to Kotak Mutual.
The problem started here, they took ages to redeem my fund. I had to write to them several times, before I got my money credited back. They follow the gospel, settle the redemptions in T+4 days and stick to it religiously. Even though you will exit from your fund on T day, you will not get your money credited until the 5th Business day(they work from Monday to Friday only). So they keep your money unethically for close to a week denying you return on your hard earned money.
So beware of such unethical practices and invest with care
Suggest all mutual fund investors to stay away from Kotak Mutual Fund & its schemes. Investing is easy but redemption is nightmarish.
The executives at the call centre come across as highly arrogant. Situation at the Senior management level is equally bad if you do manage to establish contact. Kindly keep in mind, the onus of finding contact details is on the investor. Kotak staff will be of no help at all.
My family has completely pulled out all investments in Kotak Mutual fund a s result of this horrifying experience.
Showing: 21 - 40 Reviews on Kotak Gold ETF
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