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Kotak Floater Long Term Scheme : Introduction of Daily Dividend Reinvestment Option


Kotak MF has launched Daily Dividend Reinvestment option under its Floater Long Term Scheme with effect from October 07, 2008.

Under this, the dividends will be compulsorily be reinvested in the same option of the scheme.

The minimum amount of purchase of units under Daily Dividend Reinvestment option will be Rs. 5000.