VR Logo

Kotak Q Interval Plan Series 1: Dividend Declaration and Load Change

December 22, 2008 has been approved as the record date for declaration of dividend under Kotak Q Interval Plan Series 1. Upto 100% of the distributable surplus as available on the record date will be distributed as dividends.

Further, the exit load applicable if units under the scheme are redeemed at anytime other than the specified transaction period, has been increased to 1.50% from 1% earlier. The change is effective with effect from December 22, 2008.