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Wednesday, May 13, 2009

HDFC MF declares dividend

Record date for dividend is 18 May 2009

HDFC Mutual Fund has announced 18 May 2009 as the record date for declaration of dividend under HDFC FMP 18M November 2007, a fixed maturity plan under HDFC Fixed Maturity Plans-Series VI. The options included are: HDFC FMP 18M November 2007-Retail Plan-Normal Dividend Option and HDFC FMP 18M November 2007-Retail Plan-Quarterly Dividend Option. The fund house has decided to distribute 100% distributable surplus as dividend on the record date on the face value of Rs 10 per unit.

The scheme recorded NAV of Rs 11.3086 per unit under Retail Plan-Normal Dividend Option and Rs 10.4424 per unit under Retail Plan-Quarterly Dividend Option as on 11 May 2009.

HDFC Fixed Maturity Plans-Series VI 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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