Change in Minimum Application Amount and Minimum SIP Amount for few Funds of Kotak Mutual Fund

It is notified that, Kotak Mahindra Mutual Fund has announced some changes in minimum application amount from Rs 5000 to Rs 100 for its below mentioned funds:

In Kotak Balanced Advantage Fund , Kotak Bluechip Fund and Kotak Global Innovation FoF minimum application amount changes from Rs 1000 to Rs 100 .

In Kotak Equity Opportunities Fund and Kotak Small Cap Fund minimum application amount changes from Rs 500 to Rs 100 .

Furthermore, there will be a change in minimum SIP amount from Rs 1000 to Rs 100 for below mentioned funds:

Below are the funds for which minimum SIP amount changes from Rs 500 to Rs 100:

All the above changes will be effective from July 17, 2023 .