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K-Bond Wholesale Introduces Annual Dividend Option

K-Bond Wholesale Plan has introduced an annual dividend option - Dividend Option A. Unit holders of its growth plan can switch over to Dividend Option A between November 28 and December 5, 2001. It will be open for general public from November 6, 2001. Under this option, the fund will declare dividend annually and the record date for the same will be 12th of March every year. If the amount of dividend is less than Rs 500 per unit, it will be compulsorily reinvested. An exit load of 0.75 per cent will be charged if redeemed before six months.