Monday, February 4, 2008

HSBC MF Declares Dividend 100% Dividend For Equity Fund

HSBC Mutual Fund has approved the declaration of dividend under the HSBC Equity fund. The record date for dividend is set as 8 February 2008. The NAV for the schemes under dividend option stood at Rs. 41.5809 on 31 January 2008. The fund house has declared a dividend of 100% i.e. Rs 10 per unit on face value of Rs 10.

HSBC Equity fund is an open-ended diversified equity scheme with an objective to generate long-term capital growth from an actively managed portfolio of equity and equity related securities.

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