
Kotak Mahindra Mutual Fund has announced a change in the exit load structure of Kotak CRISIL IBX AAA Financial Services Index - Sep 2027 Fund. Exit load of 0.25 per cent will now be charged if units are redeemed within 30 days of investment. Previously, exit load of 0.25 per cent was applicable for units redeemed within 180 days.
The change is effective from October 8, 2024, for all prospective investments in the fund.