Wednesday, May 20, 2009

HDFC MF Declares Dividend For FMP 15M February - May 20, 2009

HDFC Mutual Fund has announced 25 May 2009 as the record date for declaration of dividend under normal and quarterly dividend option of HDFC FMP 15M February 2008-Retail plan, a fixed maturity plan under HDFC Fixed Maturity Plans-Series VII. The fund house has decided to distribute 100% of distributable surplus as dividend on the record date on the face value of Rs 10 per unit.

The scheme recorded NAV of Rs 11.1617 per unit under retail plan-normal dividend option and Rs 10.1206 per unit under retail plan-quarterly dividend option as on 18 May 2009.

HDFC Fixed Maturity Plans-Series VII is a close ended income scheme with an investment objective to generate regular income through investment in debt/ money market instruments and government securities.

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