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Kotak Q Interval Plan Series 2: Dividend Declaration and Change in Load


Kotak MF as approvded December 23, 2008 as the record date for declaration of dividends under Kotak Q Interval Plan Series 2. 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 23, 2008, the exit load applicable under the scheme will be increased to 1.50% from 1%. There is no entry load applicable under the scheme.