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Wednesday, May 06, 2009

Kotak MF declares dividend for two FMPs

Record date for dividend is 11 May 2009

Kotak Mutual Fund has declared dividend under dividend option of Kotak Fixed Maturity Plan 17M Series 1 and Kotak Fixed Maturity Plan 14M Series 4 . The fund has decided to distribute 100% of distributable surplus as dividend available as on the record date of 11 May 2009 on the face value of Rs 10.

Kotak Fixed Maturity Plan 17M Series 1 recorded NAV of Rs 10.5624 per unit under retail plan and Rs 10.5702 per unit for institutional plan as on 4 May 2009.

Kotak Fixed Maturity Plan 14M Series 4 recorded NAV of Rs 10.6866 per unit under retail plan and Rs 10.6806 per unit for institutional plan as on 4 May 2009.

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