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Dear [NAME],


India has conducted OPERATION SINDOOR last night to avenge the Pahalgam attack. The overnight attack was on 9 terrorist base camps of Pakistan and POK*. We have seen two surgical strikes since 2016 (Uri and Balakot), and the impact on markets has been limited.

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You may get in touch with your mutual fund distributor or financial expert before making an investment decision.

Warm Regards,

Kotak Mutual Fund

*Source: Press Release https://pib.gov.in/PressReleseDetailm.aspx?PRID=2127370&reg=3&lang=1

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