Widely read:
Kotak Mutual Fund has announced revision in the exit load structure in below mentioned schemes, with effect from December 30, 2024:
| Scheme(s) | Existing Exit Load | Revised Exit Load |
|---|---|---|
| Kotak MNC Fund | For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year | 0.5% for redemption within 90 days |
| Kotak ESG Exclusionary Strategy Fund | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days | 0.5% for redemption within 90 days |
| Kotak Manufacture in India Fund | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days | 0.5% for redemption within 90 days |
| Kotak Business Cycle Fund | 1% for redemption within 365 days | 0.5% for redemption within 90 days |
| Kotak Special Opportunities Fund | For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year | 0.5% for redemption within 90 days |
| Kotak Pioneer Fund | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days | 0.5% for redemption within 90 days |
| Kotak Infrastructure and Economic Reform Fund | 1% for redemption within 90 days | 0.5% for redemption within 90 days |
| Kotak Consumption Fund | 1% for redemption within 30 days | 0.5% for redemption within 90 days |
| Kotak Technology Fund | 1% for redemption within 30 days | 0.5% for redemption within 30 days |
| Kotak Healthcare Fund | 1% for redemption within 30 days | 0.5% for redemption within 30 days |
| Kotak Banking & Financial Services Fund | For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year | 0.5% for redemption within 30 days |
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