Kotak Gold ETF - Fixes Record Date for Split of ETF Units 11/04/2015

Kotak Gold ETF - Fixes Record Date for Split of ETF Units
11/04/2015 14:17
Kotak Mahindra Mutual Fund - Kotak Gold Exchange Traded Fund has informed BSE that the Company has fixed Record Date as April 15, 2015 for the purpose of the face value of each unit offered under the Scheme (Kotak Gold ETF - INF373I01015) shall be changed from Rs 100 to Rs 10. Each creation unit will consist of 10000 units of Kotak Gold ETF. Each unit of Kotak Gold ETF will be approximately equal to 1/10th of 1 gram of gold.