Kotak Life Insurance is aiming at 30 per cent growth in fresh premium in the last quarter of this fiscal and to cross the Rs 7,000-crore mark in its assets under management. In October-December 2009, the total premium of Kotak Life increased to Rs 711.62 crore, up by 39 per cent against Rs 511.64 crore in the year-ago period. In the third quarter of this fiscal, the company's individual new business premium rose by 22 per cent to Rs299.3 crore, against Rs 247.5 crore in the same period a year ago. In the same quarter FY'10, the company clocked a profit of Rs 18.5 crore, compared to Rs 9 crore in the same period last year. The company's total assets under management crossed the Rs 5,924 crore in December 2009 from Rs 3,374 crore in December 2008. Their aim in January 2010 was Rs 6,000 crore and they hope it to cross the Rs 7,000-crore mark by end-this fiscal.