The Investors are requested to note the Kotak NASDAQ Fund 100 Subscription Suspension Notice:
Effective from March 27, 2024, until further notice:
- Lumpsum and switch-in subscriptions will not be accepted, except for transactions processed before March 27, 2024.
- Fresh systematic registrations, including systematic transfer plans and dividend transfer plans into the scheme, will not be accepted.
- Existing SIP/STP/DTP installments as of March 26, 2024, will be paused until further notice.
- Intra-scheme switches (regular to direct and vice versa) and intra-plan switches (growth to IDCW and vice versa) remain unaffected.
- Switch-out, redemptions, fresh systematic withdrawal plan registrations, and existing systematic withdrawal plan installments (with one of the designated schemes as the source scheme) remain unaffected.”
For more details, read the addendum.
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