Monday, March 10, 2008

Kotak MF Declares Dividend

Kotak Mutual Fund has announced 14 March 2008 as the record date for declaration of dividend under dividend option of Kotak Opportunities fund.

The quantum of dividend is 20% i.e. Rs. 2.00 per unit on the face value of Rs. 10. The NAV for the scheme was Rs. 17.956 as on 5 March 2008.

Kotak Opportunities fund is an open-ended equity growth scheme. The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related securities.

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