Mumbai, April 29, 2026: Kotak Mahindra Asset Management Company Ltd. (Kotak Mutual Fund) has announced the appointment of Kalpesh Jain as Fund Manager – Specialised Investment Funds (SIF). The SIF category is designed to offer flexible and differentiated investment strategies tailored for sophisticated investors.
Commenting on the development, Nilesh Shah, Managing Director of Kotak Mahindra Asset Management Company Ltd., said that the introduction of the Specialised Investment Fund category presents a significant opportunity to deliver differentiated strategies backed by strong investment processes and disciplined risk management. He added that Kalpesh’s extensive experience across market cycles and his focus on risk-conscious portfolio construction align well with Kotak Mutual Fund’s philosophy of building resilient, outcome-oriented portfolios.
Kalpesh Jain expressed confidence in the firm’s investment ecosystem, stating that Kotak Mutual Fund has developed a robust equity platform and a strong investment culture. He said he looks forward to strengthening the company’s specialised investment capabilities through a research-driven approach, with an emphasis on prudent risk management and long-term capital growth.
With over 18 years of experience in financial markets, Kalpesh brings expertise across fund management, wealth advisory and capital markets. In his new role, he will oversee specialised investment strategies and report to Harsha Upadhyaya, Chief Investment Officer at Kotak Mahindra Asset Management Company Ltd.
Throughout his career, Kalpesh has focused on risk-aware portfolio construction and long-short strategies, with a disciplined approach to stock selection and active risk management across market cycles. His investment philosophy emphasizes capital preservation, consistency, and long-term wealth creation, supported by rigorous fundamental and derivatives research.
