Kotak MF has proposed the following load changes under the Kotak 30, Kotak Opportunities, Kotak Midcap, Kotak Contra, Kotak Lifestyle, Kotak Balance, Kotak Equity FOF, Kotak Select Focus Fund, w.e.f. August 1, 2009:
Revised Load Structure:
Entry Load: NIL
Exit Load: 1% for investment less than Rs.5 crores, if redeemed within 2 years and 1% for investment equals to or greater than Rs.5 crore if redeemed within 182 Days.
And for Kotak Bond Fund Deposit Plan, the load structure would be:
Revised Load Structure:
Entry Load: NIL
Exit Load: 1% if redeemed within 1 year.
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