Kotak Mahindra Global India Scheme announces 25% dividend

The Kotak Mahindra Trustee Company Limtied; Trustee of Kotak Mahindra Mutual fund have declared 25% dividend under dividend option of Kotak Mahindra Global India Scheme. The NAV of the scheme as on February 6, 2007 is Rs.22.28.

Accordingly 25% dividend will be paid to all the unitholders whose names appear on the Register of unitholders of the respective Schemes, at the close of business on February 8, 2007 subject to availability of distributable surplus.

The NAV of the scheme will fall to the extent of dividend paid and statutory levy, if any after the record date.

Source : Equity Bulls

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