 HDFC MF declares dividends in 2 Equity schemesPublished on Mon, Feb 08, 2010 at 10:37 | Source : Moneycontrol.com Updated at Tue, Feb 09, 2010 at 10:45 Like this story, share it with millions of investors on M3
HDFC Mutual Fund has announced dividends in its two equity schemes. A dividend of 37.5% (Rs 3.75 per unit on a face value of Rs 10), has been declared under HDFC Long Term Advantage Fund and a dividend of 30% (Rs 3 per unit on a face value of Rs 10), has been declared under HDFC Premier Multi-Cap Fund. The record date for the dividends is February 11, 2010. All investors registered under the dividend option of the above schemes as on record date will receive this dividend. (Check out - Recent MF Dividends) HDFC Long Term Advantage Fund is an open ended equity linked savings scheme with a lock in period of 3 year. The investment objective of the scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity & equity related instruments. For more Mutual Fund News click here
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