Kotak Mahindra Mutual Fund Change in Minimum Application Amount

Published on Oct 04, 2023 15:17

Kotak Mahindra Mutual Fund Announces that the Minimum Application Amount for Kotak Multi Asset Allocation Fund of Kotak Mahindra Mutual Fund stands modified as under with effect from October 03, 2023.

Scheme Name	Existing Minimum Application Amount	Proposed Minimum Application Amount
Kotak Multi Asset Allocation Fund	Initial Purchase (Non- SIP): Rs. 5000/- and in multiples of Re. 1 for purchases and of Re. 0.01 for switches Additional Purchase (Non SIP): Rs. 1000/- and in multiples of Re. 1 for purchases and of Re. 0.01 for switches	Initial Purchase (Non- SIP): Rs. 100/- and any amount thereafter Additional Purchase (Non SIP): Rs. 100/- and any amount thereafter