Kotak Gold ETF changes face value

Kotak Mutual Fund has changed the face value of Kotak Gold ETF from ₹100 to ₹10. Accordingly, each creation unit will consist of 10,000 units of Kotak Gold ETF. The effective date is April 15, 2015. The fund house has also decided to extend the maturity date of the following schemes: Scheme NameExisting Maturity DateRevised Maturity DateKotak FMP Series 85April 09, 2015April 14, 2015Kotak FMP Series 142April 24, 2015April 03, 2017Kotak FMP Series 145 Kotak FMP Series 146April 06, 2015April 10, 2018Kotak FMP Series 147April 08, 2015April 12, 2018Kotak FMP Series 148April 16, 2015April 03, 2017Kotak FMP Series 149April 16, 2015April 04, 2017Kotak FMP Series 1