Kotak Mahindra Asset Management Company entered into a distribution tie-up with Andhra Bank. Under the agreement, Andhra Bank will offer the entire bouquet of Kotak Mutual Fund products from the banks 1386 branches. Sandesh Kirkire, Chief Executive Officer, Kotak Mahindra AMC and Rakesh Sethi, General Manager, Marketing, Andhra Bank signed the Memorandum Of Understanding.On the occasion, Sandesh Kirkire, Chief Executive Officer, Kotak Mahindra Asset Management Company said, The banking channel is one of the best platforms to reach out to retail investors. Offering advice on mutual fund investments is an extension of the value added services that are offered by banks. As experts in the field of wealth creation in India, our tie up with Andhra Bank will reinforce our commitment to expand retail participation. With this tie-up customers will gain easy access to the various schemes of Kotak Mahindra Asset Management Company at the branches where they do their banking transactions.
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