Mumbai: Kotak Mutual Fund has declared dividend under its Kotak Mid Cap Fund. The record date for distribution of dividend is February 28, 2011.
The quantum of dividend decided for distribution is Rs 1.50 per unit on face value of Rs 10.
Kotak Mid Cap Fund is an open ended equity scheme with investment objective to generate capital appreciation from a diversified portfolio of equity and equity related securities. The scheme is jointly managed by Pankaj Tibrewal & Emmanuel Elango. It is benchmarked against CNX Midcap.
