Kotak Mahindra MF declares dividend under “Kotak Classic Equity - Direct Plan” 22/07/2014

Kotak Mahindra MF declares dividend under “Kotak Classic Equity - Direct Plan”
22/07/2014 11:11
Kotak Mahindra Mutual Fund has announced 10.0000 per cent dividend under dividend payout option of scheme named as “Kotak Classic Equity - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is July 25. The latest NAV of the scheme is Rs 18.48. The investment objective of the equity-diversified scheme is to generate capital appreciation from a diversified portfolio of equity & equity related securities. The performance of the scheme is benchmarked against CNX 500 Index. Emmanuel Elango is the fund manager of the scheme.