Kotak aims to raise Rs 2,000 cr pvt credit AIF

Kotak Mutual Fund is targeting to raise up to Rs 2,000 crore through its maiden private credit alternate investment fund (AIF), a senior official said on Wednesday. The company will launch the AIF in the next quarter and a fifth of the overall fund size will be its own money, Deepak Agrawal, the Chief Investment Officer-Debt, of Kotak Mahindra Asset Management Company, told reporters here.