Kotak Mutual Fund has announced a dividend of 15% (Re 1.5/- on the face value of Rs10/- per unit) under the dividend option of Kotak Contra. The record date for dividends has been fixed as July 30, 2010.
All unit holders registered under the dividend option of the scheme as on July 30, 2010 will be eligible for this dividend. The NAV of the Scheme as on July 27, 2010 under the dividend option was Rs. 19.103. (Check out -Recent MF Dividends)
Kotak Contra is an open - ended equity growth scheme is an open ended growth Fund. The objective of the scheme is to generate capital appreciation from a diversified portfolio of equity and equity related instruments.