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Kotak 50 and Kotak Monthly Income Plan changes exit load


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.