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KOTAK MAHINDRA MUTUAL FUND ANNOUNCES CHANGE IN EXIT LOAD STRUCTURE

Published on Jan 02, 2025 12:22

Kotak Mahindra Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 30 December 2024

Change in Exit Load:

Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure
Kotak MNC Fund � For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
� If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
� If units are redeemed or switched out on or after 1 year from the date of allotment: NIL
� For redemption / switch out within 90 days from the date of allotment: 0.5%
� If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak ESG Exclusionary Strategy Fund 10% of the units allotted shall be redeemed without any Exit Load on or before completion of 1 Year from the date of allotment of units. Any redemption in excess of such limit within 1 year from the date of allotment shall be subject to the following
Exit Load:
� If redeemed or switched out on or before completion of 1 year from the date of allotment of units � 1.00%
� If redeemed or switched out after completion of 1 Year from the date of allotment of units � NIL
� Redemption of units would be done on First in First out Basis (FIFO).
� For redemption / switch out within 90 days from the date of allotment: 0.5%
� If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
� Redemption of units would be done on First in First out Basis (FIFO).
Kotak Manufacture in India Fund � For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
� If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
� If units are redeemed or switched out on or after 1 year from the date of allotment: NIL.
� For redemption / switch out within 90 in days from the date of allotment: 0.5%
� If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Business Cycle Fund � For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
� If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
� If units are redeemed or switched out on or after 1 year from the date of allotment: NIL
� For redemption / switch out within 90 days from the date of allotment: 0.5%
� If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Special Opportunities Fund � For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
� If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
� If units are redeemed or switched out on or after 1 year from the date of allotment: NIL
� For redemption / switch out within 90 days from the date of allotment: 0.5%
� If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Pioneer Fund � For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
� If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%
� If units are redeemed or switched out on or after 1 year from the date of allotment: NIL�
� For redemption / switch out within 90 days from the date of allotment: 0.5%
� If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Infrastructure & Economic Reform Fund � For redemption / switch out within 90 days from the date � of allotment:1%
� If units are redeemed or switched out on or after 90 days � from the date of allotment- Nil.
� For redemption / switch out within 90 days from the date of allotment: 0.5%
� If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Consumption Fund � For redemption / switch out within 30 days from the date of allotment: 1%
� If units are redeemed or switched out on or after 30 days from the date of allotment: NIL
� For redemption / switch out within 90 days from the date of allotment: 0.5%
� If units are redeemed or switched out on or after 90 days from the date of allotment -Nil
Kotak Technology Fund � For redemption / switch out within 30 days from the date of allotment: 1%
� If units are redeemed or switched out on or after 30 days from the date of allotment: NIL
� For redemption / switch out within 30 days from the date of allotment: 0.5%
� If units are redeemed or switched out on or after 30 days from the date of allotment: NIL
Kotak Healthcare Fund � For redemption / within 30 days from the date of allotment: 1%
� If units are redeemed or switched out on or after 30 days from the date of allotment: NIL
� For redemption / switch out within 30 days from the date of allotment: 0.5%
� If units are redeemed or switched out on or after 30 days from the date of allotment: NIL
Kotak Banking & Financial Services Fund � For redemption / switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil.
� If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%.
� If units are redeemed or switched out on or after 1 year from the date of allotment: NIL
� For redemption / switch out within 30 days from the date of allotment: 0.5%
� If units are redeemed or switched out on or after 30 days from the date of allotment: NIL

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