Kotak Mutual Fund has revised the exit load under Kotak Income Opportunities with effect from April 1, 2013.
The revised exit load will be 2% if redeemed/switched out within 1 year from the date of allotment. Presently, the exit load is being charged at 2% if redeemed/switched out within 6 months, 1.5% if redeemed/switched out after 6 months but before 12 months, 1% if redeemed/switched out after 12 months but before 15 months from the date of allotment.
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