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Kotak Alternate Asset Managers closes yield & growth fund at Rs 5,000 crore

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Kotak Alternate Asset Managers closes yield & growth fund at Rs 5,000 crore
Benchmarks Nifty23,126.25128.91FEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return8.69 % Invest NowFEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return18.78 % Invest NowEnter search text:
    The Economic Times daily newspaper is available online now. Read Today's Paper Kotak Alternate Asset Managers closes yield & growth fund at Rs 5,000 crore, raises entire corpus from domestic investorsBy Surbhi Khanna, ET OnlineLast Updated: Sep 23, 2026, 03:41:00 PM ISTSynopsis

    Kotak Alternate Asset Managers has closed its Kotak Yield & Growth Fund at Rs 5,000 crore, raised entirely from domestic investors. The Category II AIF attracted institutional investors, family offices and UHNIs, targeting private credit, real assets and selective growth opportunities.

    Listen to this article in summarized format

    Loading...×Kotak Alternate Asset Managers, the alternative asset management arm of the Kotak Mahindra Group, has announced the final close of the Kotak Yield & Growth Fund (KYGF) at Rs 5,000 crore, raised entirely from domestic investors.

    The fund grew from a first close of Rs 3,900 crore in February 2026 to Rs 5,000 crore at final close, with commitments from institutional investors, family offices and Ultra High-Net-Worth Individuals (UHNIs) across India, according to a press release.

    Also Read | Rs 1.68 crore investments, Rs 89,000 monthly MF SIP. Can this 40-year-old investor retire at 50?

    The fund’s entirely domestic investor base reflects the growing role of Indian capital in the country’s expanding private markets ecosystem, the release further said.

    KYGF is a Category II AIF that seeks to deliver attractive risk-adjusted returns through a combination of stable yield-generating assets and selective growth opportunities. The sector-agnostic fund will invest in cash flow-generating businesses, real assets and mid-to-large-sized enterprises with strong governance practices.

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        “The final close reflects the growing relevance of private credit and real assets in institutional portfolios and the confidence investors have placed in Kotak Alts’ capabilities. We will remain focused on identifying high-quality opportunities and building a portfolio of cash flow-generating assets through structured credit solutions,” said Eshwar Karra, Deputy Managing Director, Kotak Alternate Asset Managers.

        “Raising Rs 5,000 crore entirely from domestic investors is a strong endorsement of Kotak’s Private Credit and Real Assets franchise and of the opportunity India presents. The final close is an important milestone, but the real work begins now: deploying this capital responsibly and delivering strong risk-adjusted returns for our investors,” said Amit Jain, CEO Real Assets, Kotak Alts.

        With the final close completed, Kotak Alts will focus on deploying the fund’s capital across private credit, real assets and selective growth opportunities.

        Also Read | 12 equity mutual funds deliver over 70% absolute return in 3 and 5 years. Were they added in your portfolio?

        In September 2025, Kotak Alternate Asset Managers announced the launch of the Kotak Yield & Growth Fund and categorized it as a differentiated investment strategy designed to deliver stable, credit-led yields alongside targeted growth participation through structured solutions.

        (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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            Source: Economic Times — AIF PMS ↗

            Figures reflect the source report and its stated period. This article is for information and is not investment advice.