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Thursday, September 17, 2009

Kotak MF Declares Dividend For Mahindra Income Plus Scheme

Record date for dividend is 22 September 2009

Kotak Mutual Fund has declared dividend under quarterly dividend option in Kotak Mahindra Income Plus Scheme. The record date of dividend is 22 September 2009.

The quantum of dividend will be Rs 0.0709 per unit on the face value of Rs 10 per unit on the record date. The NAV of the scheme was at Rs 10.5627 per unit as on 15 September 2009

Kotak Mahindra Income Plus Scheme, an open ended income scheme. The investment objective of the scheme is to enhance returns over a portfolio of debt instruments with moderate exposure in Equity and Equity related instruments.

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