Kotak Mutual Fund aims at creating investor awareness among 75,000 teachers over 107 locations in the country 

Mumbai, Maharashtra, India – Business Wire India 

Kotak Mahindra Asset Management Company Ltd (“KMAMC”) / Kotak Mutual Fund (“KMF”) announces the launch of an Investor Education And Awareness Initiative, ‘Seekho Paiso ki Bhasha’ in partnership with the Central Board of Secondary Education (“CBSE”). This initiative is set to pave the way for financial literacy by conducting an extensive series of education and awareness programs aimed at empowering teachers across India. This initiative aims at educating and creating an awareness, to around 75,000 educators with an aim to empower them and foster their growth of financial understanding, and ultimately which can help contribute to India's journey towards a potentially progressive future.

The initiative will include around 1,000 financial literacy programmes, scheduled between September and October 2023, ‘Seekho Paiso ki Bhasha’, is geared with an aim to shape a generation of financially informed citizens. The programmes are set to be held in more than 100 locations, ensuring a broad reach and accessibility for teachers across the nation.

By the end of the programme, Kotak Mutual Fund intends to reach around 75,000 plus CBSE teachers, out of which 50% of the teachers are expected to be women educators. This drive to empower women educators with financial literacy underscores the need to fostering equitable growth and development.

As a part of this initiative Kotak Mutual Fund has brought on board over 500 proficient trainers from Centre for Investment Education and Learning (CIEL) who will lead these impactful sessions, ensuring that quality and relevance are upheld throughout the program.

Nilesh Shah, Managing Director, Kotak Mutual Fund, while expressing his enthusiasm about the Initiative and the collaboration said, "Through ‘Seekho Paiso ki Bhasha’ we are committed to promoting financial empowerment, we recognize that teachers stand as architects of our nation's future, shaping the future generations. Through our Investor Education and Awareness Program in partnership with the CBSE to educate and create awareness amongst the teachers about the investment knowledge, we aim that this helps in creating a future where the teachers not only shape minds but also the economic backbone of our nation.”

Kinjal Shah, Head-Digital Business, Marketing and Analytics, Kotak Mutual Fund, expressed his excitement on the initiative in partnership with CBSE, stating, “At the heart of our investor education and awareness drive lies a sincere belief, that empowering teachers with financial literacy shall help initiate a spark for the future of India. We hope this initiative lays foundation for a brighter and more secure financial future. Our partnership with the CBSE signifies a commitment to sculpting not just a financially literate generation, but a financially confident nation where informed choices today amplify into a prosperous future tomorrow."
 
CBSE Director, Dr. B Saha stated that “CBSE has taken initiative along with Jeevitam to sensitize the teachers of affiliated schools across the country on Financial Literacy. Many financial institutions have supported this initiative. We are pleased to see Kotak Mutual Fund joining hands in a big way to empower teachers across India with financial knowledge, thereby contributing to a promising future for the nation."

'Seekho Paiso ki Bhasha’ initiative represents a significant step towards the realization of a financially empowered India, with an aim of aligning perfectly with the nation's aspiration for progress and growth.

Disclaimer

An investor education and awareness initiative by Kotak Mutual Fund

Visit https://www.kotakmf.com/iap-disclaimers to know more about the process to complete a one-time Know Your Customer (KYC) requirement to invest in Mutual Funds, procedure w.r.t. change of address, phone number, bank account details, etc. Investors should only deal with registered Mutual Funds, details of which can be verified on the SEBI website (www.sebi.gov.in/intermediaries.html). For any queries, complaints and grievance redressal, investors may reach out to the AMCS and/or Investor Relations Officer. Additionally, investors may also lodge complaints on https://scores.gov.in if they are unsatisfied with the resolution given by AMCS. SCORES portal facilitates you to lodge your complaint online with SEBI and subsequently view its status.

Mutual fund investments are subject to market risks, read all scheme related documents carefully.

About CBSE

The Central Board of Secondary Education is the leading National Education Board of the country for public and private schools. Recognised worldwide, CBSE is an autonomous body that works under the aegis of the Ministry of Education.

Its main objectives are:

To define appropriate approaches of academic activities to provide stress free, child centered and holistic education to all children without compromising on quality.

To analyse and monitor the quality of academic activities by collecting the feedback from different stakeholders.

To develop norms for implementation of various academic activities including quality issues; to control and coordinate the implementation of various academic and training programmes of the Board; to organize academic activities and to supervise other agencies involved in the process.

(Disclaimer: The above press release comes to you under an arrangement with Business Wire India. PTI takes no editorial responsibility for the same.)