Monday, January 12, 2009

HSBC Mutual Fund Declare Dividend - Jan 12, 2009

HSBC Mutual Fund has declared dividend under dividend option of HSBC Fixed Term Series 68. The record date for the dividend will be January 14, 2009.

The fund house has decided to distribute 100% of surplus available as on record date. The dividend will be declared under both Regular and Institutional. The NAV of HFTS 55 under regular & institutional plan as on January 7, 2009 was at Rs 10.0554 and Rs 10.0589, respectively.

HFTS 68 is a close-ended income scheme that seeks to generate reasonable returns by investing in a portfolio of fixed income instruments normally maturing in line with the time profile of plan.

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