Last updated: 08-Jul-2024•News Desk
It is to notify that, Kotak Mutual Fund has revised its initial purchase and SIP amount for two of its funds mentioned below, with effect from May 29, 2023:
| Name of the Scheme | Type of Purchase | Existing | Revised |
|---|---|---|---|
| Kotak Nifty Next 50 Index Fund | Initial Purchase | Rs 5000/- | Rs 100/- |
| Systematic Investment Plan | Rs 1000/- | Rs 100/- | |
| Kotak Nifty Smallcap 50 Index Fund | Initial Purchase | Rs 5000/- | Rs 100/- |
| Systematic Investment Plan | Rs 500/- | Rs 100/- |
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