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Kotak Floater Long Term Scheme: No Exit Load for Prospective Investments

With effect from January 23, 2009, no exit load will be chargeable for prospective investments in Kotak Floater Long Term Scheme. The scheme will not be charging any entry load as earlier.

Currently, for investments of upto Rs. 10 lakhs, an exit load of 0.50% is chargeable if units are redeemed within 6 months.