Kotak Mutual Fund has announced 25 March 2008 as the record date for declaration of dividend under dividend option of Kotak Balance Fund. The quantum of dividend is 40% i.e. Rs. 4.00 per unit on the face value of Rs. 10. Kotak Balance is an open-ended balanced scheme. The investment objective of the scheme is to achieve growth by investing in equity and equity related instruments, balanced with income generation by investing in debt and money market instruments.
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