Kotak Alternate Asset Managers closes yield & growth fund at Rs 5,000 crore, raises entire corpus from domestic investors
Economic Times 1 hr ago·23 Sept 2026, 10:11 am
Kotak Alternate Asset Managers announced that its Kotak Yield & Growth Fund has been closed to new investors after reaching a corpus of Rs 5,000 crore. The fund is classified as a Category II alternative investment fund and all the money was raised from domestic sources.
The closure signals strong demand from Indian institutional investors, family offices and ultra‑high‑net‑worth individuals for private‑credit and real‑asset strategies. For investors, it highlights a growing appetite for alternatives that can offer returns beyond traditional equities and bonds, potentially shifting capital allocation patterns.
Going forward, market participants will watch how the fund deploys the capital across private credit, real assets and selective growth deals, as well as any performance updates. Regulatory guidance on Category II AIFs and the pace of future fundraising rounds could also influence the broader alternative‑asset market.
Key takeaways
- Category: Economy.
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- Flagged as a high-impact, market-moving story.
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