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Tuesday, March 10, 2015

HDFC MF Announces Renaming of Dividend Option Under HDFC Floating Rate Income Fund – Long Term Plan

With effect from 16 March 2015 

HDFC Mutual Fund has announced with effect from 16 March 2015, the existing dividend option will be renamed to weekly dividend reinvestment option under regular plan and direct plan of HDFC Floating Rate Income Fund – Long Term Plan. 

Introduction of normal dividend option: 

It has been decided to introduce a normal dividend option with payout and dividend reinvestment facility under the dividend option of the scheme. Normal dividend option will be available for subscription at Rs 10 per unit on the effective date and at applicable NAV based prices thereafter. 
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