Company Intelligence Profile

Kotak Mahindra Asset Management Company Limited

Wholly owned Kotak Mahindra Bank subsidiary that manages Kotak Mahindra Mutual Fund; one of India's larger AMCs, FY25 PAT ₹796.56 Cr.

CIN: U65991MH1994PLC080009ActiveRoC-Mumbai, MaharashtraConfidence: high

Last updated 6 September 2026

AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

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Company Identity

Confirmed
Registered nameKotak Mahindra Asset Management Company Limited
CINU65991MH1994PLC080009
PANAAACK5576C
StatusActive — Public Limited Company (unlisted), wholly owned subsidiary of Kotak Mahindra Bank Ltd
Listing
  • No — unlisted
  • Wholly owned subsidiary of Kotak Mahindra Bank Ltd (KOTAKBANK, listed on NSE/BSE)
  • The AMC itself is not separately listed
Incorporated02 August 1994
ROCRoC-Mumbai, Maharashtra
Sector (NIC)
  • Financial services — asset management / mutual fund investment management (NIC 6430/6630 fund management activities)
  • Sector code family U65991 (financial intermediation) per CIN
Registered address27BKC, C-27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai City, Mumbai, Maharashtra 400051
Authorized capital₹40 Cr
Paid-up capital₹29.8 Cr

Business Overview

Confirmed
  • Investment manager (Asset Management Company) to the schemes of Kotak Mahindra Mutual Fund; also provides Portfolio Management Services (PMS) and offshore/advisory mandates
  • Wholly owned subsidiary of Kotak Mahindra Bank Ltd. One of India's larger AMCs by AUM
  • Reported AUM figure of ₹5,66,981.82 Cr (as of Dec 2025, per FY25 annual-report-linked disclosure — this is mutual fund AUM managed, not the company's own balance sheet)

Directors & DINs

Partial / conflicting

Board of 8 directors (Tofler/TheCompanyCheck agree on the roster):

NameDINRoleAppointed
Nilesh Dhirajlal Shah01711720Managing Director-
Uday Suresh Kotak00007467Chairman-
Gaurang Balkrishna Shah-Director-
Krishnakumar Natarajan-Director-
Sanjiv Malhotra-Director-
Laxminarayan Rangarajan-Director-
Jaideep Hansraj-Director-
Anjali Ishan Raina-Director-

GST & PAN

Confirmed
GSTINStatePANStatus
27AAACK5576C1ZLMaharashtraAAACK5576C (derived from GSTIN 27AAACK5576C1ZL; source: piceapp/microvistatech GST listings)Active

Primary GSTIN: 27AAACK5576C1ZL (Maharashtra, state code 27), registered 01 Jul 2017, entity type Public Limited Company, Mumbai Suburban (source: piceapp, microvistatech GST listings). PAN: AAACK5576C. Home state: Maharashtra. Number of registrations across states: not obtained (multiple likely given pan-India operations, but not confirmed). Status: Active (per listing). A company GST/PAN disclosure PDF exists on kotak.com confirming the entity's PAN.

Financials

Partial / conflicting

Standalone figures from Kotak Mahindra Bank FY2024-25 subsidiary annual report:

Profit After Tax (PAT)₹796.56 Cr (₹79,655.82 lakh) for FY2024-25, up from ₹590.58 Cr (₹59,058.42 lakh) in FY2023-24
Total revenue/income₹1,509.06 Cr FY2025, ~32% YoY growth
EBITDAnot obtained (exact figure)
Net worthnot obtained (exact figure)
Borrowingsnot obtained — AMCs typically carry negligible/no debt; not confirmed

Basis: standalone. Consolidated figures roll up into Kotak Mahindra Bank's consolidated accounts. FY end: 31 March.

In the News

Confirmed
  • Kotak Mahindra MF acquires 5% stake in Rossell Techsys, Carnelian sells 0.7% shares in Gaudium IVF

    Moneycontrol.com · a month ago

  • Kotak Mahindra MF acquires 5% stake in Rossell Techsys, Carnelian sells 0.7% shares in Gaudium IVF

    TradingView · a month ago

  • "More money is lying in lockers than in mutual funds." Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company, explains why India's biggest opportunity isn't just creating more savers, it's creating more investors. At the Har Ghar MFD lau

    LinkedIn · a month ago

  • Kotak Mahindra Mutual Fund raises Stake in South Indian Bank beyond 5%

    bfsi.economictimes.indiatimes.com · a month ago

  • Kotak Mahindra Mutual Fund crosses 5% stake in South Indian Bank

    scanx.trade · a month ago

Headlines about Kotak Mahindra Asset Management Company Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 10 days ago.

Source: Google News aggregated headlines

Shareholding

Confirmed
  • Wholly owned (100%) subsidiary of Kotak Mahindra Bank Ltd. Historically Kotak Mahindra AMC had a foreign JV partner (Goldman Sachs, earlier) but is now 100% held by Kotak Mahindra Bank
  • Paid-up capital ₹29.8 Cr held by KMB

Credit Ratings

Partial / conflicting
  • ICRA has a dedicated rating rationale for "Kotak Mahindra Asset Management Company Limited" (ICRA CompanyId=14174; latest rationale dated 31 March 2026, analysts Sachin Sachdeva & Varun Dhapade — source: icra.in rationale PDF id=142071)
  • Reported grade from search: [ICRA]AAA (Stable) / [ICRA]A1+, reflecting strong parent (Kotak Mahindra Bank, also ICRA AAA(Stable)/A1+) support
  • PARTIAL/CAUTION: the exact AMC-specific grade could not be extracted from the encoded PDF, and the AAA/A1+ level may reflect the parent group — potential entity-confusion; treat grade as indicative pending the rationale text
  • No CARE/CRISIL rating specific to the AMC obtained

Competitors

Confirmed
SBI Funds Management
SBI Mutual Fund
HDFC Asset Management Company
large, listed
ICICI Prudential Asset Management Company
large
Nippon Life India Asset Management
large, listed
Aditya Birla Sun Life AMC
mid-large, listed
UTI Asset Management Company
mid-large, listed

Frequently Asked Questions

What does Kotak Mahindra Asset Management Company Limited do?
Wholly owned Kotak Mahindra Bank subsidiary that manages Kotak Mahindra Mutual Fund; one of India's larger AMCs, FY25 PAT ₹796.56 Cr.
What is the CIN of Kotak Mahindra Asset Management Company Limited?
The Corporate Identification Number (CIN) of Kotak Mahindra Asset Management Company Limited is U65991MH1994PLC080009.
Where is Kotak Mahindra Asset Management Company Limited registered?
Kotak Mahindra Asset Management Company Limited is registered with RoC-Mumbai, Maharashtra (source: TheCompanyCheck / Tofler). Registered address: 27BKC, C-27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai City, Mumbai, Maharashtra 400051 (source: Tofler, TheCompanyCheck — agree)
When was Kotak Mahindra Asset Management Company Limited incorporated?
Kotak Mahindra Asset Management Company Limited was incorporated on 02 August 1994 (source: Tofler, TheCompanyCheck — both agree).

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.