Wednesday, June 24, 2009

HDFC Mutual Fund Declares Dividend For FMP - June 24, 2009

HDFC Mutual Fund has announced 29 June 2009 as the record date for declaration of dividend under quarterly dividend normal and quarterly dividend option of retail and wholesale plan of HDFC FMP 370 D June 2008 (1) a fixed maturity plan under HDFC Fixed Maturity Plans-Series VIII.

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 option of the scheme recorded NAV of Rs 10.9549 per unit under normal dividend option and Rs 10.7552 per unit under quarterly plan as on 22 June 2009.

The wholesale plan of the scheme recorded NAV of Rs 10.9897 per unit under normal dividend option and Rs 10.7720 per unit under quarterly plan as on 22 June 2009.

HDFC Fixed Maturity Plans 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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