Fund News

K-Bond Wholesale Introduces Annual Dividend Option

K-Bond Wholesale Plan has introduced an annual dividend option - Dividend Option A. Unit holders of

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.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.

Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month