Monday, February 14, 2011

HDFC MF Declares Dividend Under Its Three Schemes

Record date for dividend is 17 February 2011 

HDFC Mutual Fund has announced 17 February 2011 as the record date for declaration of dividend on the face value of Rs 10 per unit under the dividend option of following schemes: 

HDFC Multiple Yield Fund: The quantum of dividend will be Rs 0.7500 per unit for Individual & HUF and Rs 0.6990 per unit for Others. The scheme recorded NAV of Rs 11.2407 per unit as on 10 February 2011. 

HDFC Multiple Yield Fund - Plan 2005: The quantum of dividend will be Rs 0.7500 per unit for Individual & HUF and Rs 0.6990 per unit for Others. The scheme recorded NAV of Rs 11.3530 per unit as on 10 February 2011. 

HDFC Core & Satellite Fund: The quantum of dividend will be Rs 2.00 per unit. The scheme recorded NAV of Rs 21.463 per unit as on 10 February 2011. 

HDFC Multiple Yield Fund & HDFC Multiple Yield Fund - Plan 2005 is an open ended income schemes. The investment objective of the schemes is to generate positive returns over the medium time frame with low risk of capital loss over medium time frame.

HDFC Core & Satellite Fund is an open end growth scheme has the objective to generate capital appreciation through equity investment in companies whose shares are quoting at prices below their true value.