Kotak Mutual Fund has approved the declaration of dividend under dividend option of Kotak Emerging Equity Scheme. The quantum of declaration will be Rs 0.75 per unit. The record date is April 29, 2011
Kotak Emerging Equity launched in March 2007, has been rated as a 2-star fund in Equity Mid & Small Cap category as on March 31, 2011. The fund is ranked 45th out of 56 funds based on trailing 3-year performance as on April 21, 2011. This is the 1st dividend declared by the fund since its launch.