Sensex: 83,239.47 (-0.05%)

Nifty: 25,413.05 (0.03%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Back

Mutual Funds - Reports

02-Jan-2025 12:22

Kotak Mahindra Mutual Fund announces change in Exit Load Structure

Kotak Mahindra Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 30 December 2024

Change in Exit Load:

Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure
Kotak MNC Fund ' For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
' If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
' If units are redeemed or switched out on or after 1 year from the date of allotment: NIL 		' For redemption / switch out within 90 days from the date of allotment: 0.5%
' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak ESG Exclusionary Strategy Fund 10% of the units allotted shall be redeemed without any Exit Load on or before completion of 1 Year from the date of allotment of units. Any redemption in excess of such limit within 1 year from the date of allotment shall be subject to the following
Exit Load:
' If redeemed or switched out on or before completion of 1 year from the date of allotment of units ' 1.00%
' If redeemed or switched out after completion of 1 Year from the date of allotment of units ' NIL
' Redemption of units would be done on First in First out Basis (FIFO). 		' For redemption / switch out within 90 days from the date of allotment: 0.5%
' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
' Redemption of units would be done on First in First out Basis (FIFO).
Kotak Manufacture in India Fund ' For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
' If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
' If units are redeemed or switched out on or after 1 year from the date of allotment: NIL. 		' For redemption / switch out within 90 in days from the date of allotment: 0.5%
' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Business Cycle Fund ' For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
' If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
' If units are redeemed or switched out on or after 1 year from the date of allotment: NIL 		' For redemption / switch out within 90 days from the date of allotment: 0.5%
' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Special Opportunities Fund ' For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
' If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
' If units are redeemed or switched out on or after 1 year from the date of allotment: NIL 		' For redemption / switch out within 90 days from the date of allotment: 0.5%
' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Pioneer Fund ' For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
' If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
' If units are redeemed or switched out on or after 1 year from the date of allotment: NIL' 		' For redemption / switch out within 90 days from the date of allotment: 0.5%
' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Infrastructure & Economic Reform Fund ' For redemption / switch out within 90 days from the date ' of allotment:1%
' If units are redeemed or switched out on or after 90 days ' from the date of allotment- Nil. 		' For redemption / switch out within 90 days from the date of allotment: 0.5%
' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Consumption Fund ' For redemption / switch out within 30 days from the date of allotment: 1%
' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL 		' For redemption / switch out within 90 days from the date of allotment: 0.5%
' If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Technology Fund ' For redemption / switch out within 30 days from the date of allotment: 1%
' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL 		' For redemption / switch out within 30 days from the date of allotment: 0.5%
' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL
Kotak Healthcare Fund ' For redemption / within 30 days from the date of allotment: 1%
' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL 		' For redemption / switch out within 30 days from the date of allotment: 0.5%
' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL
Kotak Banking & Financial Services Fund ' For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
' If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%.
' If units are redeemed or switched out on or after 1 year from the date of allotment: NIL 		' For redemption / switch out within 30 days from the date of allotment: 0.5%
' If units are redeemed or switched out on or after 30 days from the date of allotment: NIL

Powered by Capital Market - Live News

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.