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Friday, March 20, 2009

HDFC MF declares dividends in Gilt Fund

Record date for dividend is 25 March 2009

HDFC Mutual Fund has approved the declaration of dividends in HDFC Gilt Fund-Long Term Plan- Quarterly Dividend Option and HDFC Gilt Fund-Short Term Plan- Quarterly Dividend Option.

The fund house has decided to distribute dividends on the record date of 25 March 2009 as:

HDFC Gilt Fund-Long Term Plan- Quarterly Dividend Option:

Individuals & HUF-Re 0.10 per unit (1.00%)

Others-Re 0.0931 per unit (0.931%)

HDFC Gilt Fund-Short Term Plan- Quarterly Dividend Option:

Individuals & HUF-Re 0.10 per unit (1.00%)

Others-Re 0.0931 per unit (0.931%)

HDFC Gilt Fund-Long Term Plan- Quarterly Dividend Option recorded NAV of Rs 10.5750 per unit and HDFC Gilt Fund-Short Term Plan- Quarterly Dividend Option recorded NAV of Rs 10.7186 per unit as on 18 March 2009.

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