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Wednesday, June 17, 2009

Kotak Flexi Debt Scheme declares dividend

Record date for dividend is 22 June 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 22 June 2009.

The quantum of dividend under the scheme will be Rs 0.1275 per unit on face value of Rs 10 per unit. The NAV of the scheme was at Rs 10.3444 as on 15 June 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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