January 21, 2009 has been approved as the record date for declaration of dividends under Kotak Q Interval Plan Series 5. The quantum of the declaration will be 100% of the distributable surplus as available on the record date.
The exit load under the said scheme will also be hiked from 1% to 1.50% (for redemptions at anytime other than specified transaction period) with effect from January 21, 2009.
