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Friday, March 20, 2009

HDFC MF declares dividends in Arbitrage Fund

Record date for dividend is 25 March 2009

HDFC Mutual Fund has approved the declaration of dividends in HDFC Arbitrage Fund-Retail Plan- Quarterly Dividend Option and HDFC Arbitrage Fund-Wholesale- Quarterly Dividend Option.

The fund house has decided to distribute 100% distributable surplus as dividends on the record date of 25 March 2009 under both plan respectively.

HDFC Arbitrage Fund-Retail Plan- Quarterly Dividend Option recorded NAV of Rs 10.1230 per unit and HDFC Arbitrage Fund-Wholesale- Quarterly Dividend Option recorded NAV of Rs 10.1290 per unit as on 18 March 2009.

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