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Thursday, May 29, 2014

Kotak Emerging Equity Scheme Announces Change In In Exit Load

With effect from 02 June 2014 

Kotak Mutual Fund has announced change in exit load under Kotak Emerging Equity Scheme, an open ended equity growth scheme with effect from 02 June 2014. 

Accordingly, for redemptions / switch outs (including SIP/STP) within 2 years from the date of allotment of units, irrespective of the amount of investment, the exit load charge will be 1%. 

For redemptions / switch outs (including SIP/STP) after 2 years from the date of allotment of units, irrespective of the amount of investment, the exit load charge will be Nil.
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