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Kotak PSU Bank ETF Revises Load Structure


Kotak Mutual Fund has revised the load structure under Kotak PSU Bank ETF Fund with effect from October 29, 2007. From now during the NFO period the fund would charge an entry load of 1% for investment less than Rs 1 crores. The fund would not charge any exit load.

Where as after the NFO period the fund would not charge any entry or exit load.