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Tuesday, February 24, 2009

HDFC Growth Fund offers dividend

Record date for dividend is 26 February 2009

HDFC Mutual Fund has announced dividend under the dividend option of HDFC Growth Fund, an open-ended growth fund. The amount of dividend is 22.50% i.e. Rs. 2.25 per unit on the face value of Rs. 10. The record date for dividend is 26 February 2009.

The NAV of the Fund was recorded at Rs 18.411 per unit as on 19 February 2009.

The scheme seeks to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

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