Exit load structure of Kotak Corporate Bond Fund changes
Feb 01 2016
News Category: Exit Load Change
Kotak Corporate Bond Fund has changed its exit load structure, with effect from Feb 1, applicable only on a prospective basis. The existing load structure’s redemption/switch out period of within one year from the date of allotment of units, irrespective of the amount of investment: 2% has been revised to within three months from the date of allotment of units.
The existing load structure’s redemption/switch out period of within one year from the date of allotment of units, irrespective of the amount of investment: NIL has been revised to within three months from the date of allotment of units.