Kotak Mutual Fund has announced a revision in the exit load of Kotak Equity Arbitrage Scheme, with effect from May 1, 2012.
Now, the exit load will be charged at 0.50% if redeemed within 180 days from the date of allotment. Presently, the exit load is charged at 0.50% if redeemed within 90 days from the date of allotment.
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