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Monday, June 22, 2009

HDFC MF declares dividends in Gilt Fund

Record date for dividend is 25 June 2009

HDFC Mutual Fund has approved the declaration of dividends under quarterly dividend option in HDFC Gilt Fund-Long Term Plan and HDFC Gilt Fund-Short Term Plan. The fund house has decided to distribute dividends on the record date of 25 June 2009.

The quantum of the dividend under HDFC Gilt Fund-Long Term Plan & Short Term Plan will be Re 0.10 per unit (1.00%) under Individuals & HUF and Re 0.0931 per unit (0.931%) under others.

HDFC Gilt Fund-Long Term Plan recorded NAV of Rs 10.5485 per unit and HDFC Gilt Fund-Short Term Plan recorded NAV of Rs 10.6938 per unit as on 18 June 2009.

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