Standard Tariff Structure for Mutual Fund Transactions
effective 10th September, 2009
Lumpsum Transactions
Transactions through Kotak Investment Account
Transactions through AMC application forms
Investment Account Maintenance Charges
Standard Charges
1.25%
1.50%
Rs. 100 per quarter or transaction charges which ever
is higher
Transactions through Net Banking for all customers
Nil for transactions less than Rs. 25000
MF SIP or MF SI transactions
Transaction Type
Transactions through Kotak Investment Account
Transactions through AMC application forms
MF SIP/ MF SI of any value
Nil
Rs. 200
MF SIP/MF SI Cancellation
Rs. 200 if cancelled within 3 months of setup
NA
MF SIP/MF SI Failure
Rs. 100 per failure
NA
Please Note:
Wherever charges are applicable as per the above schedule, the minimum
charges will be Rs.25/-
Charges are applicable on purchases and purchase type transactions in
equity mutual fund schemes and are exclusive of Service Tax and Education
Cess
Transactions through Kotak Investment Account can happen through Net Banking,
Phone Banking and through the Branch by signing a single form (Mutual
Fund Transaction Request Form)
MF SIP/MF SI has to be for a minimum duration of 12 months irrespective
of the frequency. Else a Setup charge of Rs. 200 will be applicable