Kotak Mutual Fund has announced the declaration of dividend on the face value of Rs. 10 per unit under dividend option of Kotak Emerging Equity Scheme. The record date for dividend has been fixed as 29 April 2011.
The quantum of dividend will be Rs. 0.75 per unit. The scheme recorded NAV of Rs. 11.553 per unit as on 21 April 2011.
Kotak Emerging Equity Scheme is an open ended equity growth scheme which has the investment objective to generate long-term capital appreciation from a portfolio of equity related securities, by investing predominantly in mid and small cap companies.
Source: http://www.indiainfoline.com/Markets/News/Kotak-MF-Declares-Dividend-for-Emerging-Equity-Scheme/3660081733
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