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Monday, March 16, 2009

Kotak Flexi Debt Scheme declares dividend

Record date for dividend is 20 March 2009

Kotak Mahindra Mutual Fund has proposed to declare dividend under quarterly dividend option of Kotak Flexi Debt Scheme. The record date is set as 20 March 2009.

The quantum of dividend under the scheme will be Rs 0.1680 per unit on face value of Rs 10 per unit. The NAV of the scheme was at Rs 10.3715 as on 12 March 2009.

Kotak Flexi Debt Scheme is an open ended debt scheme with an objective to maximize returns through an active management of a portfolio of debt and money market securities.

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