Fund News

Transaction Facility under Kotak Mahindra Mutual Fund

Last updated: 08-Jul-2024•Value Research

Kotak Mahindra Mutual Fund has announced that in respect of the equity schemes of Kotak Mutual Fund

Kotak Mahindra Mutual Fund has announced that in respect of the equity schemes of Kotak Mutual Fund that are transacted through Stock Exchange Infrastructure, redemption of units held in dematerialized mode will be only accepted when given in number of units. The provision pertaining to minimum repurchase amount and minimum balance shall not be applicable.

The above provision is applicable to the following schmes:

Kotak 30, Kotak Opportunities, Kotak Mid-Cap, Kotak Contra, Kotak Lifestyle, Kotak Equity Arbitrage, Kotak Select Focus, Kotak Tax Saver, Kotak Balance, Kotak Income Plus, Kotak Equity FoF.

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