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Friday, April 24, 2009

HDFC MF declares dividend

Record date for dividend is 29 April 2009

HDFC Mutual Fund has declared 29 April 2009 as the record date for dividend distribution under HDFC FMP 18M October 2007-Retail Plan-Normal and Quarterly Dividend Option and HDFC FMP 18M October 2007-Wholesale Plan-Normal and Quarterly Dividend Option. The fund house has decided to distribute 100% distributable surplus as dividend as on the record date on the face value of Rs 10 per unit.

HDFC FMP 18M October 2007-Retail Plan-Normal Dividend Option recorded NAV of Rs 11.2666 per unit and HDFC FMP 18M October 2007-Retail Plan- Quarterly Dividend Option recorded NAV of Rs 10.4513 per unit as on 22 April 2009. HDFC FMP 18M October 2007-Wholesale Plan-Normal Dividend Option recorded NAV of Rs 11.3664 per unit as on 22 April 2009.

HDFC FMP 18M October 2007 is a fixed maturity plan under HDFC Fixed Maturity Plans – Series VI, a close ended income scheme. The investment objective is to generate regular income through investments in debt/money market instruments and government securities.

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