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Thursday, August 04, 2016

Kotak Equity Arbitrage Scheme Announces Change in Exit Load Structure

With effect from 05 August 2016

Kotak Mutual Fund has announced change in exit load structure under Kotak Equity Arbitrage Scheme, an open ended equity growth scheme, with effect from 05 August 2016.

Accordingly, the revised exit load structure will be: 

If redeemed or switch out (including SIP/STP) within 30 days from the date of allotment of units, irrespective of the amount of investment – 0.25%. 

If units redeemed or switched out (including SIP/STP) after 30 days from the date of allotment of units, irrespective of the amount of investment – Nil. 
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