Kotak MF has declared dividend on the face value of Rs 10 per unit under the dividend option of Kotak Quarterly Interval Plan Series 1. The record date for dividend is September 12, 2012.
The quantum of dividend will be entire appreciation in Net Asset Value of dividend option until September 12, 2012 on the face value of Rs 10 per unit.
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
