HDFC MF declares dividend under Quarterly Interval Fund
HDFC MF declares dividend under Quarterly Interval Fund HDFC Mutual Fund (MF) declared dividend under the Quarterly Interval Fund Plan A. The dividend is 100% of the distributable surplus as on the record date. The face value of each unit is Rs 10. The fund house has fixed Sep. 21, 2007, as the record date for the payment of dividend. Pursuant to payment of dividend, the NAV will fall to the extent of dividend payout and statutory levy, if applicable. All unit holders registered on or before the record date will be eligible to receive the dividend. The NAV of the scheme stood at Rs 10.1852 per unit, as on Sep. 13, 2007.
