Mutual Funds Reports News Details
Kotak Mahindra Mutual Fund announces change in Exit Load Structure
(31-Jul-25 11:26)
Kotak Mahindra Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 01 August 2025
Change in Exit Load:
Name of the Scheme | Existing Exit Load Structure | Revised Exit Load Structure |
---|---|---|
Kotak Balanced Advantage Fund (An open-ended dynamic asset allocation fund) | 1. For redemption/switch out of upto 8% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. 2. If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%. 3. If units are redeemed or switched out on or after 1 year from the date of allotment: Nil. Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme. | 1. For redemption/switch out of upto 8% of the initial investment amount (limit) purchased or switched in within 180 Days from the date of allotment: Nil. 2. If units redeemed or switched out are in excess of the limit within 180 Days from the date of allotment: 1%. 3. If units are redeemed or switched out on or after 180 Days from the date of allotment: Nil. Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme. |
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