Kotak Mutual Fund has approved the declaration of dividend under Kotak FMP 6M Series 9 (Dividend Option), Kotak Credit Opportunities Fund (Annual Dividend Option) and Kotak Multi Asset Allocation Fund (Annual Dividend Option).
The quantum of declaration under Kotak FMP 6M Series 9 will be 100 per cent of the distributable surplus as available under the plan(s) on the record date, 3.277 per cent under Kotak Credit Opportunities Fund and 0.2 per cent under Kotak Multi Asset Allocation Fund.
The record date is March 14, 2011.
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