Kotak Mahindra Bank’s subsidiary company -- Kotak Investment Advisors is aiming to have 10 lakh users on a newly launched investment products distribution platform. Kotak Investment Advisors' one-stop investment solution provider 'Kotak Cherry' aims to be an open architecture platform, which will help investors in choosing from a wide array of offerings beyond the ones manufactured by Kotak group companies. The platform is right now available for free with a 'do it yourself' offering for users, but it will eventually be looking at having a subscription fee-based model.
Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.
