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Kotak Mutual Fund reduces SIP amount to as low as Rs 28 for 4 schemes
Kotak Mutual Fund has revised the minimum amount under daily SIP frequency to as low as Rs 28 for a few schemes. The fund house informed about this change to its unitholder through a notice-cum-addendum.
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ELSS or tax saving funds offer 5% return in March quarter; 56% outperform their benchmark
Out of 39 ELSS schemes, one scheme gave double digit return, 37 schemes gave single-digit return and one scheme gave negative return
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