Kotak Mahindra Mutual Fund changed the exit load of following schemes.
Revised exit load structure of Kotak Flexi Debt will be 1 per cent for redemption within 180 days. Presently, there is no exit load.
Kotak Bond Short Term will have exit load of 0.50 per cent for redemption within 30 days of allotment. Presently it is, 0.50 per cent for redemption within 90 days.
The changes will be applicable from July 01, 2014.
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