MUMBAI: Kotak Mutual Fund has revised exit load
in Kotak Equity Arbitrage Fund with effect from May 5, 2011. The fund house will charge 0.50
per cent as exit load if units are redeemed within 90 days from the date of
allotment.
Earlier, scheme does not charge any exit load. The scheme is jointly managed Deepak Gupta and Abhishek Bisen. It is benchmarked against CRISIL Liquid Fund Index.
