Saturday, October 4, 2008

Kotak FMP Series Fund Has Distribute - Oct 4, 2008

Kotak Mutual Fund has declared dividend under dividend option of Kotak FMP 3M Series 32. The fund has decided to distribute 100% of distributable surplus as dividend available as on the record date of 7 October 2008 on the face value of Rs 10. The scheme recorded NAV of Rs 10.2011 per unit as on 29 September 2008.

Kotak FMP 3M Series 32 is a close ended debt scheme with an objective to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk.

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