Kotak Securities acquires investment platform FundExpert

Kotak Securities is to acquire all the assets of Bengaluru-headquartered start-up FundExpert Fintech, a digital multi-asset wealth management platform for independent financial advisors (IFA) and mutual fund distributors. Over 2,300 distributors use the FundExpert platform to manage mutual fund portfolios worth more than INR 15,000 crore.