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HDFC Multiple Yield declares maiden dividend of 7.5%
Published on Tue, Nov 14, 2006 at 11:53   |  Updated at Tue, Nov 14, 2006 at 12:55  |  Source : Moneycontrol.com

HDFC Mutual Fund has announced has declared a dividend of 7.5% (Rs 0.75 per unit on the face value of Rs 10) in its open-ended debt scheme - HDFC Multiple Yield Fund 2005.

All investors registered in the Dividend Plan of the scheme as on November 16, 2006 will receive this dividend. The NAV as on November 13, 2006, under dividend option was Rs 10.8941.  (Check out - Recent MF Dividends ) 


HDFC Multiple Yield Fund 2005 is a open-ended debt scheme. The primary objective of the Scheme is to generate positive returns over medium time frame with low risk of capital loss over medium time frame.
Over the last one year, HDFC Multiple Yield Fund 2005 has yielded 6.4% as compared to 10% given by its benchmark Crisil MIP Blended Index as on November  10, 2006.

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