HDFC Mutual Fund "MF" Declares Dividend

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HDFC Mutual Fund

HDFC Mutual Fund has announced the declaration of dividend on the face value of Rs 10 per unit under normal and quarterly dividend option in retail & wholesale plan of HDFC FMP 370D December 2008 (1). The record date for dividend has been fixed as 15 December 2009.

The quantum of dividend will be 100% of distributable surplus as on the record date.

The NAV for the plans are as follows:

Retail Plan: Rs 10.8448 for normal dividend option and Rs 10.1886 for quarterly dividend option.

Wholesale Plan: Rs 10.9032 for normal dividend option.

NAV for the above plans is as on 8 December 2009.

HDFC FMP 370D December 2008 (1), a fixed maturity plan, under HDFC Fixed Maturity Plans - Series IX (is a close-ended income scheme). The investment objective of the scheme is to generate regular income through investments in debt/money market instruments and government securities.

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