Kotak Alternate Asset Managers Limited announced that its iconic fund has successfully raised Rs 2,000 crore. Kotak Iconic Fund, an open-ended fund, has been conceptualised as an equity multi-advisor portfolio solution.

The fund has maintained a flexible approach by adopting diversified active and passive strategies across market capitalisation and tactical allocations, according to the press release.

Kotak Iconic Fund solves this with its disciplined framework-based investing and risk management to deliver a smooth investing journey.

In today’s dynamic investing landscape, investors are finding it increasingly difficult to keep up with rising volatility and ever-changing market environment, which makes it challenging for investors to build and maintain equity portfolios across market cycles, said the press release.