Kotak mutual fund has announced revision of exit load structure in Kotak Bond Short Term Plan with effect from May 18, 2009. Accordingly, for investments less than or equal to Rs 2 crore, the exit load will be 0.25% if redeemed /switched out on or before 90 days from the date of allotment while there will be no exit load if redeemed/switched out after 90 days. However, for investments more than Rs 2 crore, the scheme will not levy exit load.
Kotak Bond Short Term Plan does not impose any entry load. Kotak Bond Short Term Plan is a debt fund that seeks to create a portfolio of debt as well as money market instruments of different maturities so as to spread the risk across a wide maturity horizon & different kinds of issuers in the debt markets.
Kotak Bond Short Term Plan does not impose any entry load. Kotak Bond Short Term Plan is a debt fund that seeks to create a portfolio of debt as well as money market instruments of different maturities so as to spread the risk across a wide maturity horizon & different kinds of issuers in the debt markets.
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