Kotak Mahindra MF Announces change in minimum application amount

Published on Feb 01, 2023 15:04

Kotak Mahindra Mutual Fund has announced change in minimum application amount under the following schemes, with effect from 07 February 2023.

Name of the Scheme	Types of Purchase	Existing Minium Application Amount	Revised Minimum Application Amount
Kotak Liquid Fund	Initial Purchase (Non-SIP)	Rs. 500/- and in multiples of Re. 1 for purchases and for 0.01 for switches	Rs. 100/- and in multiples of Re. 1 for purchases and for 0.01 for switches
Kotak Liquid Fund	Additional Purchase (Non-SIP)	Rs. 500/- and in multiples of Re. 1 for purchases and for 0.01 for switches	Rs. 100/- and in multiples of Re. 1 for purchases and for 0.01 for switches
Kotak Emerging Equity Fund	Initial Purchase (Non-SIP)	Rs. 5000/- and in multiples of Re. 1 for purchases and for 0.01 for switches	Rs. 100/- and in multiples of Re. 1 for purchases and for 0.01 for switches
	Additional Purchase (Non-SIP)	Rs. 1000/- and in multiples of Re. 1 for purchases and for 0.01 for switches	Rs. 100/- and in multiples of Re. 1 for purchases and for 0.01 for switches
	SIP Purchase	Rs. 1000/- (Subject to a minimum of 6 SIP instalments of Rs. 1000/- each)	Rs. 100/- (Subject to a minimum of 6 SIP instalments of Rs. 100/- each)
Kotak Small Cap Fund	Initial Purchase (Non-SIP)	Rs. 5000/- and in multiples of Re. 1 for purchases and for 0.01 for switches	Rs. 500/- and in multiples of Re. 1 for purchases and for 0.01 for switches
	Additional Purchase (Non-SIP)	Rs. 1000/- and in multiples of Re. 1 for purchases and for 0.01 for switches	Rs. 500/- and in multiples of Re. 1 for purchases and for 0.01 for switches
	SIP Purchase	Rs. 1000/- (Subject to a minimum of 6 SIP instalments of Rs. 1000/- each)	Rs. 500/- (Subject to a minimum of 6 SIP instalments of Rs. 500/- each)
Kotak Equity Opportunities Fund	Initial Purchase (Non-SIP)	Rs. 5000/- and in multiples of Re. 1 for purchases and for 0.01 for switches	Rs. 500/- and in multiples of Re. 1 for purchases and for 0.01 for switches
	Additional Purchase (Non-SIP)	Rs. 1000/- and in multiples of Re. 1 for purchases and for 0.01 for switches	Rs. 500/- and in multiples of Re. 1 for purchases and for 0.01 for switches
	SIP Purchase	Rs. 1000/- (Subject to a minimum of 6 SIP instalments of Rs. 1000/- each)	Rs. 500/- (Subject to a minimum of 6 SIP instalments of Rs. 500/- each)