Kotak Mahindra Mutual Fund has declared dividend on the face value of Rs 10 per unit under the quarterly dividend option of Kotak Multi Asset Allocation Fund. The record date for dividend is June 20, 2012. The quantum of dividend will be Rs 0.0628.
The investment objective of the scheme is to generate income by investing predominantly in debt and money market securities, to generate growth by taking moderate exposure to equity and equity related instruments and provide diversification by investing in Gold ETFs.
Source: Accord Fintech
