Tariff Structure for Mutual Fund Transactions effective
10th September, 2009
Lumpsum
Transactions
Customer Category
Transactions through Kotak Investment Account
Transactions through AMC application forms
Privy Platinum
0.75%
0.90%
Privy Gold
0.90%
1.10%
Privy League (Others)
1.10%
1.25%
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