Kotak Mahindra MF announces 10% div under Midcap Fund - DP 27/02/2015

Kotak Mahindra MF announces 10% div under Midcap Fund - DP
27/02/2015 10:11
Kotak Mahindra Mutual Fund has announced 10 per cent dividend under dividend payout option of scheme named as “Kotak Midcap Fund - Direct Plan” on the face value of Rs 10 per unit.
The record date for the dividend is February 27. The latest NAV of the scheme is Rs 30.91.
The investment objective of the equity - diversified scheme is to generate capital appreciation from a diversified portfolio of equity & equity related instruments.
The performance of the scheme is benchmarked against CNX Midcap Index. Pankaj Tibrewal is the fund manager of the scheme.