Kotak Mahindra mutual fund has announced the revision in the load structure for Kotak Mahindra Bond Unit Scheme 99. According to the revised load structure the fund will charge an exit load of 0.50% if the investment is redeemed within 6 months from the date of investment. However there will not be any exit load charged for the redemption made after the 6 months. Also the scheme will not charge any entry load to the investors.
The aforesaid changes will be effective from 5 February 2008.
The aforesaid changes will be effective from 5 February 2008.
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