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Friday, March 20, 2009

HDFC MF declares dividends

Record date for dividend is 25 March 2009

HDFC Mutual Fund has approved the declaration of dividends in the dividend options of HDFC MF Monthly Income Plan Long Term Plan-Quarterly Dividend Option and HDFC Income Fund- Quarterly Dividend Option.

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

HDFC MF Monthly Income Plan Long Term Plan-Quarterly Dividend Option:

Individuals & HUF-Re 0.18 per unit (1.80%)

Others-Re 0.1675 per unit (1.675%)

HDFC Income Fund- Quarterly Dividend Option:

Individuals & HUF-Re 0.15 per unit (1.50%)

Others-Re 0.1396 per unit (1.396%)

HDFC MF Monthly Income Plan Long Term Plan-Quarterly Dividend Option recorded NAV of Rs 10.3442 per unit and HDFC Income Fund- Quarterly Dividend Option recorded NAV of Rs 10.7717 per unit as on 18 March 2009.

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