
Kotak Mutual Fund has announced a revision in exit load under Kotak Bond Short Term, with effect from March 11, 2011.
Now, exit load will be 0.50 per cent if redeemed within 30 days from the date of allotment and nil if redeemed after 30 days from the date of allotment.
Earlier, exit load used to be 0.50 per cent if redeemed within 90 days from the date of allotment and nil if redeemed after 90 days from the date of allotment.