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Tuesday, September 22, 2009

Kotak MF Declares Dividend for Balance Unit Scheme 99

Record date for dividend is 25 September 2009

Kotak Mutual Fund has announced the declaration of dividend on the face value of Rs. 10 per unit under dividend option of Kotak Mahindra Balance Unit Scheme 99. The record date for dividend has been fixed as 25 September 2009.

The quantum of dividend will be Re. 1.00 per unit on the face value of the unit as on the record date. The scheme recorded NAV of Rs. 23.312 per unit as on 18 September 2009.

Kotak Mahindra Balance Unit Scheme 99, is an open ended balanced scheme, with the investment objective to achieve growth by investing in equity & equity related instruments, balanced with income generation by investing in debt & money market instruments.

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