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Monday, May 18, 2009

HDFC MF declares dividend for FMP 24M May 2007

Record date for dividend is 21 May 2009

HDFC Mutual Fund has announced 21 May 2009 as the record date for declaration of dividend under HDFC Fixed Maturity Plan 24M May 2007, a fixed maturity plan under HDFC Fixed Maturity Plans-Series V. The dividend will be declared under normal and quarterly dividend option of retail plan.

The fund house has decided to distribute 100% of distributable surplus as dividend on the record date on the face value of Rs 10 per unit.

The Retail Plan - normal dividend option posted NAV of Rs 12.1134 per unit and Rs 10.3080 per unit under Retail Plan-quarterly dividend option as on 14 May 2009.

HDFC Fixed Maturity Plan 24M May 2007 is a close ended income scheme with an investment objective to generate regular income through investment in debt/ money market instruments and government securities.

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