31-Jul-2025 11:26
Kotak Mahindra Mutual Fund announces change in Exit Load Structure
Kotak Mahindra Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 01 August 2025
Change in Exit Load:
| Name of the Scheme | Existing Exit Load Structure | Revised Exit Load Structure |
|---|---|---|
| Kotak Balanced Advantage Fund (An open-ended dynamic asset allocation fund) | 1. For redemption/switch out of upto 8% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. 2. If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment: 1%. 3. If units are redeemed or switched out on or after 1 year from the date of allotment: Nil. Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme. | 1. For redemption/switch out of upto 8% of the initial investment amount (limit) purchased or switched in within 180 Days from the date of allotment: Nil. 2. If units redeemed or switched out are in excess of the limit within 180 Days from the date of allotment: 1%. 3. If units are redeemed or switched out on or after 180 Days from the date of allotment: Nil. Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme. |
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