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Exit load under Kotak Balance Fund revised


Kotak Mutual Fund has revised the exit load under Kotak Balance Fund with effect from October 17, 2016. An exit load of 1% will be charged if units in excess of 10% of the initial investment amount are redeemed within 1 year, under the revised provisions.

Also, the Fund House has introduced 'Long Term Income' facility under Kotak Balance from October 17, 2016.