HSBC Mutual Fund has announced 23 April 2008 as the record date for declaration of dividend under dividend option of HSBC Fixed Term Series 25.
The AMC has approved to offer dividend under both regular and institutional plan. The fund house has decided to distribute 100% of surplus available as on record date. The NAV for the scheme was Rs. 10.0800 and that of under institutional plan is Rs 10.0777 as on 16 April 2008.
HSBC Fixed Term Series 25 is a close-ended income scheme seeks to generate reasonable returns by investing in a portfolio of fixed income instruments normally maturing in line with the time profile of the pan.
The scheme will charge 2% exit load if investment units redeemed before maturity.
The AMC has approved to offer dividend under both regular and institutional plan. The fund house has decided to distribute 100% of surplus available as on record date. The NAV for the scheme was Rs. 10.0800 and that of under institutional plan is Rs 10.0777 as on 16 April 2008.
HSBC Fixed Term Series 25 is a close-ended income scheme seeks to generate reasonable returns by investing in a portfolio of fixed income instruments normally maturing in line with the time profile of the pan.
The scheme will charge 2% exit load if investment units redeemed before maturity.
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