Wednesday, March 5, 2008

Kotak Mahindra MF Revises Load Structure

Kotak Mahindra mutual fund has announced the revision in the load structure for Kotak Flexi Debt scheme.

According to the revised load structure, the fund will not charge an exit load. The existing exit load is 0.10% if the investment is redeemed within 7 days from the date of investment. Also the scheme will not charge any entry load to the investors.

The aforesaid changes will be effective from 7 March 2008.

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