Kotak Mutual Fund has announced 27 February 2012 as the record date for declaration of dividend under the dividend option of Kotak FMP Series 35. The quantum of dividend on the face value of Rs 10 per unit will be entire appreciation in Net Asset Value of dividend option until 27 February 2012.
Kotak FMP Series 35 will mature on 27 February 2012. The units of the scheme will not be available for trading on the NSE with effect from 23 February 2012.