Kotak Mahindra Trustee Company Limited; the Trustee to Kotak Mahindra Mutual Fund has approved record date of March 14, 2016 for the declaration of dividend subject to the availability and adequancy of distributable surplus and NAV growth, under dividend options of following schemes in accordance with the Scheme Information Document of the respective schemes:
Note 1 - Annual Dividend - Amount available for distribution as on March 4. 2016. Distribution of the above dividend is subject to the availability and adequacy of distributable surplus, subject to the maximum recommended rate as given above, will be distributed. The payment of dividend will be subject to deduction of dividend distribution tax, if applicable.
Note 2 - Monthly Dividend-Amount available for distribution as on March 4, 2016. Distribution of the above dividend is subject to the availability and adequacy of distributable surplus, subject to the maximum recommended rate as given above, will be distributed.
Pursuant to payment of dividend, the NAV(s) of the Scheme(s) would fall to the extent of payout and statutory levy, if any.
All Unit Holders / Beneficial Owners of the Annual and Monthly dividend option of the above schemes, whose names appear in the records of the Registrar, Computer Age Management Services Pvt. Ltd. / Depositories as on March 14, 2016 will be entitled to receive the dividend.
( Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)