Kotak Mutual Fund has announced 28 February 2012 as the record date for declaration of dividend under the dividend options of Kotak FMP Series 36 and Kotak FMP Series 37. The quantum of dividend will be entire appreciation in Net Asset value of dividend option until 28 February 2012, on the face value of Rs 10 per unit.
Kotak FMP Series 36 & 37 would mature on 28 February 2012. The units of schemes will not be available for trading on NSE with effect from 24 February 2012.