Thursday, October 16, 2008

HDFC MF Declares Dividend For Its 181 Days Plan - Oct 16, 2008

HDFC Mutual Fund has announced 20 October 2008 as the record date for declaration of dividend under dividend option of HDFC FMP 181D April 2008, a fixed maturity plan under HDFC Fixed Maturity Plans-Series VII, on face value of Rs 10 per unit. The Fund house has decided to offer dividend under 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. 10.4054 per unit as on 13 October 2008.

HDFC Fixed Maturity Plans -181D April 2008 is a close-ended income scheme. The investment objective of the scheme is to seek to generate regular income through investments in debt/ money market instruments and government securities

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