JKB Financial Services Ltd.

As on : 02-Jan-2025

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

GET IN TOUCH

Mutual Fund News