Tuesday, January 22, 2008

Kotak MF Declares 60% Dividend For Opportunities Fund

Kotak Mahindra Mutual Fund has announced the declaration of dividend at the recommended gross rate of 60% i.e. Rs 6.00 per unit on the face value of Rs 10 under for Kotak Opportunities scheme- an open ended equity growth fund. The record date is set as 25 January 2008.

The NAV for the scheme under retail plan was recorded at Rs. 29.953 on 17 January 2008.

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