HDFC MF To Announce Dividend On FMP 181D May`07

HDFC Mutual Fund (MF) announced that the fund house would declare dividend, under the dividend option of HDFC FMP 181D May 2007- Retail and Wholesale plan. The fund house fixed Nov. 19, 2007 as the record date for the announcement of dividend. It will declare the entire distributable surplus as on the record date as dividend. Pursuant to payment of dividend, the NAV will fall to the extent of dividend payout and statutory levy, if applicable.