
This is to inform that Kotak Mahindra Mutual Fund has decided to revise the initial purchase amount (non-SIP) for its Kotak Consumption Fund and Kotak Healthcare Fund from Rs 5,000 per application to Rs 100 per application.
Additionally, the SIP amount under the same funds would be revised from Rs 500 (with 10 instalments) to Rs 100 (with 10 instalments). These changes will come into effect from January 03, 2024.