Insurers' journeys to build a mastery in the IoT usage
Banking
1. Kotak Mahindra is one of India's leading financial organizations, offering a wide range of financial services
that encompass every sphere oflife.From commercialbanking,to stock broking,to mutual funds,to life insurance,
to investment banking, the group caters to the diverse financial needs of individuals and corporates.
The group has a net worth of over Rs. 10,963 crores and has a distribution network of branches, franchisees,
representative offices and satellite offices across cities and towns in India and offices in New York, London, San
Francisco, Dubai, Mauritius and Singapore. The Group employs around 20,000 employees across its
various businesses, servicing around 8.8 million customer accounts.
KMAMC, a wholly owned subsidiary of KMBL, is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF).
KMAMC started operations in December 1998 and has over 10 Lac investors in various schemes. KMMF offers
schemes catering to investors with varying risk - return profiles and was the firstfund housein the countryto launch
a dedicated gilt scheme investing only in government securities