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| Many a time, we possess surplus funds which need to be invested for better returns. But we also seek freedom to withdraw this money as and when we need it.
Taking into consideration the time & effort it takes for investors to redeem their money from a fund, we have come up with a hassle-free solution in the form of Insta Redeem.
Using Insta Redeem, any investor can now redeem money from her/his Liquid Fund (Growth Option only) 24/7 in a matter of seconds! The redemption amount is credited to the investor’s bank account using Immediate Payment Service (IMPS) on the very same day! This facility can be availed through Kotak AMC website or Kotak MF App and the investor can instantly redeem up to INR 50,000 or 90% of the invested amount, whichever is lower.
Be it a bank holiday, be it a festival, or be it Sunday, you can redeem your money at a tap on your mobile screen! Further details about the facility can be found in the Notice-cum-Addendum here. |
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| DRAWBACKS OF SOME TRADITIONAL INVESTMENT OPTIONS |
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- High Opening Balance
- Penalty on low balance and early withdrawal
- Lock-in period
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BENEFITS OF KOTAK MAHINDRA LIQUID SCHEME |
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