Value Research Stock Advisor has just released a new stock recommendation. You can click here to learn more about this premium service, and get immediate access to the live recommendations, plus new ones as soon as they are issued.
Kotak Mutual Fund has decided to change exit load under the following schemes with effect from May 13, 2020:
Scheme | Existing | Revised |
Kotak Standard Multicap Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Emerging Equity Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Equity Opportunities Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Small Cap Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Focused Equity Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Bluechip Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak India EQ Contra Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Pioneer Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Infrastructure & Economic Reform Fund | 1% for redemption within 365 days | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Kotak Balanced Advantage Fund | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days | For units in excess of 8% of the investment,1% will be charged for redemption within 365 days |
Kotak Equity Hybrid Fund | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days | For units in excess of 8% of the investment,1% will be charged for redemption within 365 days |
Kotak Debt Hybrid Fund | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days | For units in excess of 8% of the investment,1% will be charged for redemption within 365 days |
Kotak Equity Savings Fund | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days | For units in excess of 8% of the investment,1% will be charged for redemption within 365 days |
Kotak Credit Risk Fund | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days | For units in excess of 6% of the investment,1% will be charged for redemption within 365 days |
Kotak Medium Term Fund | For units in excess of 15% of the investment,2% will be charged for redemption within 540 days | For units in excess of 9% of the investment,2% will be charged for redemption within 540 days |
Kotak Gold Fund | 2% for redemption within 180 days, 1% for redemption between 181 - 364 days | 1% for redemption within 365 days |