Kotak Mutual Fund has announced the changes in load structure of Kotak Flexi Debt with effect from March 2, 2009. Accordingly, the scheme will not charge entry load nor exit load. The new load structure will be applicable only on a prospective basis to units purchased on after the March 2, 2009. Kotak Flexi Debt is an open-ended debt scheme that aims to maximize the returns through an active management of a portfolio of debt as well as the money market securities.
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