Kotak Mutual Fund has decided to change exit load under the following schemes with effect from May 13, 2020:
Scheme | Existing | Revised |
Kotak Standard Multicap Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Emerging Equity Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Equity Opportunities Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Small Cap Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Focused Equity Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Bluechip Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak India EQ Contra Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Pioneer Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Infrastructure & Economic Reform Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Balanced Advantage Fund | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days | For units in excess of 8% of the investment,1% will be charged for redemption within 365 days |
Kotak Equity Hybrid Fund | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days | For units in excess of 8% of the investment,1% will be charged for redemption within 365 days |
Kotak Debt Hybrid Fund | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days | For units in excess of 8% of the investment,1% will be charged for redemption within 365 days |
Kotak Equity Savings Fund | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days | For units in excess of 8% of the investment,1% will be charged for redemption within 365 days |
Kotak Credit Risk Fund | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days | For units in excess of 6% of the investment,1% will be charged for redemption within 365 days |
Kotak Medium Term Fund | For units in excess of 15% of the investment,2% will be charged for redemption within 540 days | For units in excess of 9% of the investment,2% will be charged for redemption within 540 days |
Kotak Gold Fund | 2% for redemption within 180 days, 1% for redemption between 181 - 364 days | 1% for redemption within 365 days |