Change in Exit Load for Kotak Credit Opportunities Fund

Kotak Mutual Fund has announced a revision in exit load under Kotak Credit Opportunities Fund, with effect from July 4, 2011.
The revised exit load will be 1 per cent if redeemed within 180 days from the date of allotment and Nil if redeemed after 180 days from the date of allotment.

Earlier exit load used to be 2 per cent if redeemed within 1 year from the date of allotment and Nil if redeemed after 1 year from the date of allotment.

Source:http://www.valueresearchonline.com

Thank you,
Pravin N Gurav
DENIP Consultants Pvt Ltd.