The scheme shall seek to generate capital appreciation by investing in a diversified portfolio of companies that follow the manufacturing theme.
Kotak Manufacture In India Fund - Direct - IDCW charges 0.5% of sell value; if fund sold before 90 days. There are no other charges.
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.