K 30 Equity dividend
Kotak Mahindra Mutual Fund (KMMF) has declared dividend for its K 30 equity scheme. The record date for dividend payout for the scheme is October 9. An exit load of 1.25 per cent has been introduced for investors entering the scheme between October 3 and October 9 and redeeming between October 10 and October 31. This will be the second dividend to be paid in a span of less than two years.

Sale, repurchase of UGS 10,000
UGS 10000, the MNC fund of Unit Trust of India, an interval fund, will be open for sale and repurchase from October 3 to October 9. The sale and repurchase price of the units will be based on the NAV of the day on which the application is accepted (upto 2 p.m. on that day). Information on NAV and prices would be available on the next working day. The sale/repurchase price will be based on NAV of the next working day for applications received after 2 p.m. or on holidays at Mumbai. The NAV of the fund, which is predominately in stocks of MNCs was Rs 10.89 as on Sept 27.

New executive director for CDSL
Vijay Vasant Raut has been appointed as the executive director of CDS with effect from Oct 1. He is an expert in matters related to banking and capital market. In Oct 1990 he was deputed by Bank Of India to BOI Shareholding Ltd to manage the securities settlement of BSE.