Service Charges & Fees

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  • Standard Tariff Structure for Mutual Fund Transactions (Effective from December 2nd, 2015)

    Standard Tariff Structure for Mutual Fund Transactions effective December 2nd, 2015
    Privy Tariff Structure for Mutual Fund Transactions effective December 2nd, 2015

    Lumpsum Transactions
    Customer CategoryTransactions through Kotak Investment AccountTransaction through AMC application forms
    Privy Insignia0.50%1.00%
    Privy Optima0.90%1.10%
    Privy Prima1.25%1.50%
    Standard Tariff1.40%1.75%
    Debt Schemes0.25% and no charge for Privy Insignia
    Transaction through Net Banking for all customersNil for transactions less than Rs 25000NA
    MF SIP or MF SI or MF STP transactions
    Customer category Transcations through Kotak Investment Account Transcations through AMC forms
    MF SIP or MF SI or MF STP of any valueNil for tenure 12 months and above
    Rs. 300 charged if tenure below 12 months
    Rs.300
    MF SIP or MF SI or MF STP of cancellationRs. 200 if cancelled within 3 months of setupNA
    MF SIP/ MF SI FailureRs. 100 per failureNA
    Investment Account Maintenance Charges
    Customer CategoryInvestment Account Maintenance Charges
    Privy OptimaNil
    Privy MagnaNil
    Privy PrimaNil
    Standard TariffRs. 100 per quarter if there has been no customer induced transaction in the account during the quarter

    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 debt schemes (excluding Liquid schemes, Short Term Plan, Fixed Maturity Plan) 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 single form (Mutual Fund Transaction Request Form)
    • *MF SI has to be ideally for a minimum duration of 12 months irrespective of the frequency. If it is less than 12 months, actual tariff charges as applicable will be levied
    • *MF SIP/STP has to be ideally for a minimum duration of 12 months irrespective of the frequency. If it is less than 12 months then SIP setup charges will be applicable
    • The charges will be debited from your Bank account with Kotak Mahindra Bank. In case you have multiple bank accounts with us, please specify from which account you want the charges to be debited
    • Please use a separate form for each Investment Account in case you want different accounts to be debited for each Investment Account.