10% div declared under Kotak Select Focus Fund 25/09/2014

10% div declared under Kotak Select Focus Fund
25/09/2014 11:01
Kotak Mahindra Mutual Fund has announced 10.000 per cent dividend under dividend payout option of scheme named as “Kotak Select Focus Fund” on the face value of Rs 10 per unit. The record date for the dividend is September 26. The latest NAV of the scheme is Rs 17.91. The investment objective of the open ended equity-diversified scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors. The performance of the scheme is benchmarked against CNX 200 Index. Harsha Upadhyaya is the fund manager of the scheme.