Kotak Mutual Fund changes minimum application amount mandate for SIP and Non-SIP of certain schemes
Nov 22 2018
News Category: AMC Specific Updates
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Kotak Mutual Fund announced changes in the minimum application amount for SIP and Non-SIP for certain scheme, which stands effective from Nov 19,2018. Minimum SIP application amount for Kotak Bluechip Fund and Kotak Balanced Advanced Fund has been revised from Rs. 1,000 to Rs. 100. Minimum Non-SIP application amount for Kotak Bluechip Fund and Kotak Balanced Advanced Fund has been revised from Rs. 5,000 to Rs. 1,000 for initial purchase.

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