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Tuesday, March 10, 2015

Kotak Corporate Bond Fund Announces Change In Exit Load Structure

With effect from 09 March 2015

Kotak Mutual Fund has announced change in exit load structure under Kotak Corporate Bond Fund, with effect from 09 March 2015. Accordingly the revised exit load will be: 

For redemption / switch outs (including SIP / STP) within 1 year from the date of allotment of units, irrespective of the amount of investment: 2% 

For redemption / switch outs (including SIP / STP) after year from the date of allotment of units, irrespective of the amount of investment: Nil. 
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