Kotak Mutual Fund has approved the declaration of dividend under the dividend option Kotak Quarterly Interval Plan Series 4.
The quantum of declaration will be 100 per cent of distributable surplus as available under the plan(s) on the record date. The record date is September 2, 2010.
In addition to this, Kotak Quarterly Interval Plan Series 4 has also revised the load structure to 1% if redeemed anytime other than the Specified Transaction Period (STP), with effect from September 2, 2010.
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