Kotak Mahindra MF announces dividend
By Our Markets Bureau | 03 Jul 2002
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Mumbai: Kotak Mahindra Mutual Fund (KMMF) has declared a dividend of Rs 0.0130 per unit under the K Liquid scheme. The record date for dividend was 1 July 2002. The cum-dividend NAV was Rs 10.0237.
The K Liquid Scheme declares weekly dividends under the dividend reinvestment option and also offers a growth option.
KMMF has an asset base of over Rs 1,948 crore and over 1,30,000 investors in various schemes, which include K Liquid, K Gilt, K Bond, K Balance, K 30, K Tech and K MNC as on 30 June 2002.
KMMF offers schemes catering to investors with varying risk-return profiles and was the first fund house in the country to launch a dedicated gilt scheme-K Gilt, investing only in government securities.
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