Kotak Mutual Fund (MF) has declared a dividend of 2.40% per unit of face value of Rs 10, under the dividend option of the Kotak Mahindra Bond Unit scheme 99 The fund house has fixed Sep. 22, 2008, as the record date for the payment of dividend of Rs 0.24, pursuant to payment of which, the NAV would fall to the extent of dividend payout and statutory levy, if applicable. All unit holders registered on or before the record date would be eligible to receive the dividend. The NAV of the scheme sto