Kotak Mutual Fund has changed the exit load of following schemes:
The revised exit load of Kotak 50 will be 1 per cent for redemption / switching out units within 18 months.
The revised exit load of Kotak Monthly Income Plan will be 1 per cent for redemption / switching out units within 3 years.
The existing exit load of above schemes is 1 per cent for redemption / switching out units within 1 year.
The effective date is January 01, 2015.
