20% Dividend in Kotak Opportunities Fund

Kotak Mutual Fund announced a 20% dividend (Rs 2.00 per unit on a face value of Rs 10), under the dividend option of Kotak Opportunities Fund. The record date of the same has been fixed as March 14, 2008.

This would be the seventh dividend by the fund since its launch and second in this year. The last dividend was of 60% being paid in January, 2008.

(by valueresearch)