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Kotak Q Interval Plan Series 8: Dividend Declaration and Change in Load


Kotak MF as approvded December 11, 2008 as the record date for declaration of dividends under Kotak Q Interval Plan Series 8. Upto 100% of the distributable surplus as available on the record date, which will also be the Specified Transaction Period under the scheme, will be distributed as dividends.

Further, w.e.f. December 11, 2008, the Load Structure applicable under the scheme will stand changed as follows:
Entry Load: NIL Exit Load: 1.50% if investments are redeemed at anytime other than the specified transaction period.
(Earlier, an exit load of 1% was being charged.)