HDFC MF Declares Dividend In HDFC Top 200

HDFC Mutual Fund has come out with a dividend of 50% (Rs 5 per unit on the face value of Rs 10) in its HDFC Top 200 Fund, an open ended growth scheme, the objective of the scheme is to generate long term capital appreciation from a portfolio of equity and equity linked instruments primarily drawn from the companies in BSE 200 Index. The AMC has also declared a dividend of 30% (Rs 3 per unit on the face value of Rs 10) in its HDFC Capital Builder Fund an open ended growth scheme, which aims to achieve capital appreciation in the long term.
The record date for the dividends is February 7, 2007. All investors registered under the dividend option of the scheme as on February 7, 2007 will receive this dividend. Pursuant to payment of dividend, the NAV of the respective Schemes / Plans would fall to the extent of payout and statutory levy, if any. The NAV as on February 5, 2007 under dividend option of HDFC Top 200 Fund was Rs 42.90 and under the dividend option HDFC Capital Builder Fund was Rs 26.16.