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Kotak Mutual Pays Dividend in Two Debt Funds


Kotak Mahindra Mutual Fund has paid dividends in two of its debt funds namely:- K-Gilt Savings Plan and K-Liquid Fund. The record date for both the funds was October 29, 2001.

K-Gilt Savings Plan has paid a monthly dividend of 0.7% (Rs 0.07 per unit). The fund has posted a one-year return of 11.63 per cent, as on October 30, 2001. K-Liquid Fund has paid a weekly dividend of 0.13% (Rs 0.013 per unit).