Thursday, March 19, 2009

Kotak MF Declares Dividend For Quarterly Interval Plan- March 19, 2009

Kotak Mutual Fund has declared dividend under dividend option of Kotak Quarterly Interval Plan -Series 2. The fund house has decided to distribute up to 100% distributable surplus available as dividend on the record date 24 March 2009 on the face value of Rs 10 per unit.

of The scheme recorded a NAV of Rs 10.1941 per unit as on 17 March 2009.

The specified transaction period is on 24 March 2009.

Kotak Quarterly Interval Plan -Series 2 is a debt oriented interval scheme with an investment objective to generate returns by investing in debt and money market instruments with a view to significantly reduces the interest rate risk.

No comments: