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Kotak Mutual Fund introduces half-yearly dividend option in two schemes


Kotak Mutual Fund introduced half-yearly dividend option (payout and dividend re-investment) in Kotak Mahindra Bond Unit Scheme 99 and Kotak Bond Short Term plan. The option will be effective from October 10, 2013.

The record date for half-yearly dividend option has been fixed at March 20 and September 20 of every year.