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Monday, June 22, 2009

HDFC MF declares dividends under income Fund and MIP

Record date for dividend is 25 June 2009

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

The quantum of the dividend under HDFC Monthly Income Plan – Long Term Plan will be Re 0.18 per unit (1.80%) under Individuals & HUF and Re 0.1675 per unit (1.675%) under others and dividend under HDFC Monthly Income Plan – Short Term Plan be and under will Re 0.15 per unit (1.50%) under Individuals & HUF and Re 0.1396 per unit (1.396%) under others.

The HDFC Monthly Income Plan – Long Term Plan recorded NAV of Rs 12.1359 per unit and Short Term Plan recorded NAV of Rs 11.1820 per unit as on 18 June 2009.

The quantum of the dividend under HDFC Income Fund will be Re 0.15 per unit (1.50%) under Individuals & HUF and Re 0.1396 per unit (1.396%) under others. The scheme has recorded NAV of Rs 11.0602 per unit as on 18 June 2009.

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