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Dynamic Income Fund From Kotak Mutual

Kotak Mutual Fund has launched a dynamic bond fund: Kotak Dynamic Income scheme. The scheme is open for initial public offer from December 15 to December 19, 2003. The fund offers a growth and a quarterly dividend option. The minimum subscription amount in the scheme is Rs 5000, while one can redeem a minimum of Rs 1000 or 100 units. The fund would not charge any entry or exit load.