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K-Mutual Declares record Date


Kotak Mahindra Mutual Fund has declared March 13, 2002 as the record date for the payment of dividend in its following schemes: K-Gilt Savings Plan, K-Gilt Investment Plan, K-Gilt Serial Plans (2003, 2005, 2007, 2011, 2013 and 2019), K-Bond Deposit Plan, K-Bond Serial Plan 2002 A and K-Bond Wholesale (both annual and quarterly dividend option).

K-Bond Wholesale (Annual Dividend Option) has revised its exit load structure. An exit load of 0.75 will be charged if redeemed within 3 months (where the purchase of unit was on or after March 04, 2002) or if redeemed within 6 months from the purchase of units (where the purchase of units was before March 04, 2002).