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India's total energy capacity is projected to double over the next 11 years, driven by rising demand from expanding sectors like electric vehicles, data centers, and urbanization. The country is increasingly embracing renewable energy, opening up opportunities in power transmission, grid modernization, green energy infrastructure, and smart metering systems. Additionally, India is making significant contributions to global research, including its participation in France's major nuclear fusion ITER project, also known as the ‘mini sun’. While these innovations transform the energy landscape, the demand for traditional energy sources is also expected to grow. This fund provides a unique opportunity to capitalize on these advancements.

The Kotak Energy Opportunities Fund aims to generate long-term capital growth by investing in equity and equity-related securities of companies engaged in or expected to benefit from the growth in energy and allied sectors. It aims to achieve long-term growth by investing in companies spanning the power, oil & gas, and renewable energy sectors. Additionally, the scheme may also invest in energy ancillary companies and capital goods companies. The fund will be agnostic to market capitalization.

Nilesh Shah, Managing Director, KMAMC, said, “With the launch of Kotak Energy Opportunities Fund, we are providing our investors with an entry point into India's fast-evolving energy sector. With rising GDP levels, rising affluence, and new-age industries, the demand for energy is set to rise. Despite rising capacity, India is anticipated to face a power supply deficit. This demand highlights the necessity for both traditional and new forms of energy and the potential of this sector.”

The fund will be managed by Harsha Upadhyaya, Fund Manager & CIO, KMAMC, who brings over two decades of experience in equity research and fund management, alongside Mandar Pawar, who has 19 years of industry experience.

Harsha Upadhyaya said, "The energy sector plays an integral role in a nation’s growth and has seen profits rise over three times in the past 10 years. With the rise of energy demand, sectors such as transmission and distribution, smart metering, and smart grid management may see increasing demand. Further, traditional energy sources like coal, oil, and gas will also continue to see rising demand in India.”

The scheme opens for public subscription on April 3rd, 2025, and closes on April 17th, 2025. Investors can invest a minimum amount of Rs. 100 and any amount thereafter, and Rs. 100 and any amount thereafter for switches during the NFO period.

For more details on the Kotak Energy Opportunities Fund please visit: https://www.kotakmf.com/documents/Kotak%20Energy%20Fund%20NFO

Investors should consult their financial experts and tax advisors if in doubt about whether the product is suitable for them. Kotak Mahindra Asset Management Company Limited (KMAMC) is not guaranteeing or promising any returns/futuristic returns.

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