Thursday, September 18, 2008

HDFC MF Declares Dividend - Sep 18, 2008

HDFC Mutual Fund has announced 22 September 2008 as the record date for declaration of dividend under Plan A of HDFC Quarterly Interval Fund, an open ended interval income scheme, on face value of Rs 10 per unit. The Fund house has decided to offer dividend under dividend option of both retail plan and wholesale plan. The fund house has decided to distribute 100% of surplus available under its both retail and wholesale plans as on record date. The NAV for the scheme under was Rs. 10.2262 per unit as on 15 September 2008.

HDFC Quarterly Interval Fund is an open ended interval income scheme. The investment objective of the scheme is to generate regular income through investments in debt/ money market instruments and government securities. The scheme will charge 0.75% as an exit load if investments are redeemed on any day other than during the Specified Transaction Period. No exit is payable if units are redeemed on during the Specified Transaction Period

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