Beware of fake social media entities’ claims that they are owned by us: Kotak Mutual Fund

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Fake social media entities claiming to be owned by us, beware: Kotak Mutual Fund

According to a press release, Kotak Mutual Fund warned its investors, business partners and the general public about fake social media and Telegram groups and communities that guarantee huge returns on investments in its name.

“WARNING! Please do not be fooled by FAKE Telegram and other social media entities claiming to be owned by Kotak Mutual Fund,” said Kotak Mahindra Asset Management Co.’s press release. Ltd.

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According to the note, the brand name, logo and identity of the Kotak Mutual Fund spokesperson have recently been misused by numerous social media entities on Telegram and other social media platforms.

“Kotak Mutual Fund has only one official Telegram handle (https://t.me/kotakmutualfund), and it does not promise or mislead investors in any form or on social platforms for abnormal income or returns while investing in mutual funds. Mutual Fund Fund investments are subject to market risks and investors should carefully read all scheme related documents before investing.

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“Moreover, we ask the users and investors to report those fraudulent groups on Telegram in case they encounter each other [email protected] or write to us [email protected]added the Kotak Mutual Fund.

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