
Kotak Mahindra Mutual Fund has announced a dividend of 30% (i.e. Rs 3 per unit on the face value of Rs 10) under the dividend option of Kotak 30. The record date for the same has been fixed as July 20, 2007.
This is the tenth dividend payout from the fund. Prior to this, the fund had declared a 55 per cent dividend in December 2006.