Kotak MF Declares Dividend For FMP Series 31

Kotak Mutual Fund has declared dividend on the face value of Rs 10 per unit under dividend option of Kotak FMP Series - 31. The record date for the dividend distribution has been set as March 20, 2011.

The dividend will be entire appreciation in Net Asset Value of dividend option until March 20, 2011. The NAV of the scheme as on March 11, 2011 stood at Rs 10.176 per unit.

Kotak FMP Series 31 is a close ended debt scheme with an investment objective to generate returns though investments in debt and money market instruments.

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