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Wednesday, February 11, 2009

HDFC MF declares dividend in HDFC FMP 90D November 2008

Record date for dividend is 16 February 2009

HDFC Mutual Fund has announced dividend under the dividend option of retail and wholesale plan of HDFC FMP 90D November 2008 (2), a fixed maturity plan under HDFC Fixed Maturity Plans-Series X, a close-ended income scheme.

The fund house has decided to distribute 100% of distributable surplus as on the record date of 16 February 2009 on the face value of Rs 10 per unit as dividend.

The scheme recorded a NAV of Rs 10.2255 per unit under the retail plan and Rs 10.2278 per unit under wholesale plan as on 9 February 2009.

The investment objective of the scheme is to generate regular income through investments in debt/money market instruments and government securities.

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