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 Name | Existing Maturity Date | Revised Maturity Date |
Kotak FMP Series 85 | April 09, 2015 | April 14, 2015 |
Kotak FMP Series 142 | April 24, 2015 | April 03, 2017 |
Kotak FMP Series 145 Kotak FMP Series 146 | April 06, 2015 | April 10, 2018 |
Kotak FMP Series 147 | April 08, 2015 | April 12, 2018 |
Kotak FMP Series 148 | April 16, 2015 | April 03, 2017 |
Kotak FMP Series 149 | April 16, 2015 | April 04, 2017 |
Kotak FMP Series 151 | April 20, 2015 | April 03, 2017 |
Kotak FMP Series 154 | April 23, 2015 | April 03, 2017 |
Kotak FMP Series 155 | April 09, 2015 | April 10, 2017 |
Kotak FMP Series 156 | April 20, 2015 | April 18, 2017 |
Kotak FMP Series 157 | April 22, 2015 | April 21, 2017 |
Kotak FMP Series 158 | April 30, 2015 | May 02, 2017 |