HDFC MF Declares Dividend For FMP

HDFC Mutual Fund has announced the declaration of dividend for HDFC Fixed Maturity PlanSeries VI-181 Days June 2007 - retail and wholesale plan- dividend option. The record date is set as 18 December 2007. The quantum of dividend will be 100 % of distributable surplus available on the record date. The NAV for the scheme under retail plan was recorded at Rs. 10.3990 on 11 December 2007. The NAV for the scheme under wholesale plan was recorded at Rs. 10.4029 on 11 December 2007.

HDFC Fixed Maturity Plan- Series VI- 181 Days June 2007-retail and institutional plan- dividend option is a close-ended scheme. The investment objective for plan is to generate regular income through investments in debt or money market instruments and government securities. The scheme carry no entry load whereas there will be an exit load of 1.50% if units are redeemed /switched out before maturity