Kotak Mutual Fund has declared dividend on the face value of Rs 10 per unit under Kotak Quarterly Interval Plan Series 2. The record date for dividend is June 18, 2012.
The quantum of dividend will be entire appreciation in Net Asset Value of dividend option until 18 June 2012.
The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk.
Source: Accord Fintech
