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Wednesday, February 25, 2009

HDFC MF declares dividend in HDFC FMP 90D November 2008 (4)

Record date for dividend is 2 March 2009

HDFC Mutual Fund has announced dividend under the dividend option of retail and wholesale plan of HDFC FMP 90D November 2008 (4), 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 2 March 2009 on the face value of Rs 10 per unit as dividend.

The scheme recorded a NAV of Rs 10.2080 per unit under the retail plan and Rs 10.2102 per unit under wholesale plan as on 20 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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