{"id":6186,"date":"2025-08-18T20:44:15","date_gmt":"2025-08-18T20:44:15","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/08\/18\/first-for-india-kotak-mahindra-wins-uae-license-to-launch-local-funds-business-news\/"},"modified":"2025-08-18T20:44:15","modified_gmt":"2025-08-18T20:44:15","slug":"first-for-india-kotak-mahindra-wins-uae-license-to-launch-local-funds-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/08\/18\/first-for-india-kotak-mahindra-wins-uae-license-to-launch-local-funds-business-news\/","title":{"rendered":"First For India: Kotak Mahindra Wins UAE License To Launch Local Funds | Business News"},"content":{"rendered":"


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Kotak Mahindra (International) Limited got a UAE license for Investment Fund and Portfolio Management, becoming first Indian firm to offer UAE-domiciled funds to retail investors.<\/h2>\n
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Kotak Mahindra to Roll Out UAE-Domiciled Funds After Securing SCA Nod<\/p>\n<\/figure>\n

Kotak Mahindra (International) Limited (\u201cKMIL”), a wholly owned subsidiary of Kotak Mahindra Bank Limited, today announced that it has been granted a license by the Securities and Commodities Authority (\u201cSCA”) \u2013 the capital markets regulator of the United Arab Emirates \u2013 to conduct Investment Fund Management and Portfolio Management activities.<\/p>\n

With this approval, KMIL becomes the first Indian firm to receive this license from the SCA, marking a significant milestone in the evolution of cross-border financial services. This development paves the way<\/p>\n

for the launch of UAE-domiciled funds for retail investors, further reinforcing the UAE\u2019s position as a regional financial and investment hub.<\/p>\n

\u201cWe are honored to receive this license from the Securities and Commodities Authority. It is a testament to our enduring commitment to the UAE and our vision of fostering globally integrated, transparent capital markets,” said Shyam Kumar, President and Head, Kotak International.<\/p>\n

\u201cIndia\u2019s economic momentum continues to attract global interest, and through this license, we are excited to offer UAE retail investors access to our India-focused investment strategies \u2013 enabling them to participate in one of the world\u2019s dynamic and resilient markets. We will offer India-centric investment options to help investors diversify their portfolios.”<\/p>\n

KMIL intends to leverage this license to support the growth of the UAE\u2019s investment fund industry by offering retail-focused solutions. The company plans to launch funds aligned with its successful UCITS (Luxembourg-domiciled) and India-domiciled strategies, with subscriptions expected to open for UAE investors by the final quarter of CY2025.<\/p>\n

This license reflects Kotak Group\u2019s dedication to co-operate with global regulators to enhance accessibility of capital markets to a larger set of investors. With regulatory approvals in India, the USA,<\/p>\n

UK, Singapore, Mauritius, and the UAE, Kotak continues to expand its international presence and contribute to the robust financial ecosystem.<\/p>\n

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Varun Yadav<\/a><\/p>\n

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Stay updated with all the latest business news, including market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Click here<\/a> to add News18 as your preferred news source on Google. Also Download the\u00a0News18 App<\/a> to stay updated.<\/span><\/div>\n

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News<\/a> business<\/a> First For India: Kotak Mahindra Wins UAE License To Launch Local Funds<\/span><\/div>\n
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Last Updated:August 18, 2025, 11:40 IST Kotak Mahindra (International) Limited got a UAE license for Investment Fund and Portfolio Management, becoming first Indian firm to offer UAE-domiciled funds to retail investors. Kotak Mahindra to Roll Out UAE-Domiciled Funds After Securing SCA Nod Kotak Mahindra (International) Limited (\u201cKMIL”), a wholly owned subsidiary of Kotak Mahindra Bank…<\/p>\n","protected":false},"author":1,"featured_media":6187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-6186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/6186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=6186"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/6186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/6187"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=6186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=6186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=6186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}