Kotak Mahindra MF announces 1% div under Taxsaver - Direct Plan 30/12/2014

Kotak Mahindra MF announces 1% div under Taxsaver - Direct Plan
30/12/2014 10:49
Kotak Mahindra Mutual Fund has announced 1 per cent dividend under dividend payout option of scheme named as “Kotak Taxsaver - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is December 30. The latest NAV of the scheme is Rs 18.19.
The investment objective of the Equity-ELSS scheme is to generate capital appreciation from a diversified portfolio of equity & equity related securities and enable investors to avail the income tax rebate, as permitted from time to time.
The performance of the scheme is benchmarked against CNX 500 Index. Deepak Gupta is the fund manager of the scheme.