Kotak Mutual Fund has declared dividend under the dividend option of Kotak Quarterly Interval Plan Series 4. The fund house will distribute 100% distributable surplus as dividend available on the record date as 4 September 2008 on the face value of Rs 10. The unit NAV of the scheme as on 28 August was Rs 10.2000.
Kotak Quarterly Interval Plan Series 4 is an interval debt fund. The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk.
No comments:
Post a Comment