Saturday, May 16, 2009

HDFC MF Declares Payment In Support Of FMP - May 16, 2009

HDFC Mutual Fund has announced 21 May 2009 as the record date for declaration of dividend under HDFC Fixed Maturity Plan 24M May 2007, a fixed maturity plan under HDFC Fixed Maturity Plans-Series V. The dividend will be declared under normal and quarterly dividend option of retail plan.

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 Retail Plan - normal dividend option posted NAV of Rs 12.1134 per unit and Rs 10.3080 per unit under Retail Plan-quarterly dividend option as on 14 May 2009.

HDFC Fixed Maturity Plan 24M May 2007 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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