Friday, March 28, 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 charge an exit load of 0.10% if the investment is redeemed within 7 days from the date of investment. Presently, the scheme does not ask for any exit load.

The scheme will not charge any entry load to the investors.

The aforesaid changes will be effective from 1 April 2008.

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