Archive · 18 Aug 2025
Kotak Mahindra Secures UAE License for Investment Funds
Kotak Mahindra, an Indian financial company, now has permission to help people in the UAE invest.
They got a special license from the UAE government to sell investment funds directly to regular people, not just big clients.
This is a first for an Indian company.
This means UAE residents can now invest in funds focused on India.
Kotak plans to launch these new investment options by the end of 2025.
The goal is to give UAE investors access to opportunities in India and other dynamic markets.
Kotak Mahindra (International) Limited obtained a UAE license for investment fund and portfolio management.
This marks the first time an Indian firm has received this license from the UAE's SCA.
The license allows Kotak to offer UAE-domiciled funds to retail investors.
Kotak plans to launch India-focused investment strategies in the UAE.
Subscriptions for the funds are expected to open for UAE investors by late 2025.
- Who
- Kotak Mahindra (International) Limited
- What
- Kotak Mahindra (International) Limited received a license to manage investment funds in the UAE.
- When
- August 18, 2025
- Where
- United Arab Emirates
- Why
- To offer UAE retail investors access to India-focused investment strategies.
- Company
- Kotak Mahindra (International) Limited
- License Purpose
- Investment Fund Management & Portfolio Management
- First Indian Firm?
- Yes
- Regulator
- SCA (UAE)
- Target Launch
- Late 2025