
Kotak Mutual Fund has revised the exit load structure for the Short Term Plan under Kotak Bond Fund. From today onwards, the fund will start charging an exit load of 1% for investment upto Rs.2 crores if redemption is made within 6 months and 0.50% for investment upto Rs.2 crores and units are redeemed after 6 months but within 1 year.
While, no change is being made in entry load structure. It continues to remains Nil.