Kotak MF Declares Dividend For Quarterly Interval Plan – Series 9

Kotak Mutual Fund has declared dividend under the dividend option of Kotak Quarterly Interval Plan Series – 9. 6th of April 2011 is declared as the record date for the dividend. The scheme is interval debt fund has the value of Rs. 10 per unit. Benchmark Index for the scheme is Crisil Liquid Fund Index. The minimum amount of application in scheme is Rs. 5,000. The scheme has nil entry load but exit load will be charged as 1% if redeemed anytime other than the specified transaction period for redemptions/switch-outs.

The quantum of dividend will be entire appreciation in Net Asset Value of dividend option until 6 April 2011. The scheme recorded NAV of Rs. 10.0213 per unit as on 31st March 2011. Though the return rate of the scheme is negative i.e. -1.53% but the dividend declaration by the fund will boost up the confidence of the investors.The investment objective of the Scheme is to generate returns through investments in debt and money market instruments.

Source: Dion Global Solutions Ltd 19,420.39 5,826.05

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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.

18,167.64 5,449.65

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