Kotak Mutual Fund has announced changes in load structure of Kotak Flexi Debt. The changes will be effective from 2 March 2009.
Hereafter, the scheme will not charge entry load nor exit load. The new load structure will be applicable only on a prospective basis to units purchased on after the 2 March 2009.
Kotak Flexi Debt is an open ended debt scheme aims to maximize returns through an active management of a portfolio of debt and money market securities.