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Monday, March 16, 2009

HDFC Equity Fund declares 30% dividend

Record date for dividend is 19 March 2009

HDFC Mutual Fund has proposed to declare dividend under the dividend plan of HDFC Equity Fund. The record date for the dividend is 19 March 2009.

The fund house has decided to distribute Rs 3.00 per unit i.e. 30% as dividend on the record date on the face value of Rs 10 per unit as dividend. The scheme recorded a NAV of Rs 21.550 per unit as on 12 March 2009.

HDFC Equity Fund is an open ended growth scheme with the investment objective to achieve capital appreciation.

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