HDFC MF Declares Dividend For Long Term Advantage Fund (07-Feb-2010)
HDFC Mutual Fund has declared dividend on the face value of Rs 10 per unit under dividend option of HDFC Long Term Advantage Fund. The record date for dividend has been set as February 11, 2010. The quantum of dividend will be 37.5% (Rs 3.75 per unit) of distributable surplus as on the record date. The NAV of the scheme stood at Rs 36.545 as on February 4, 2010.
HDFC Long Term Advantage Fund is an open ended equity linked savings scheme with a lock in period of 3 year. The scheme's investment objective is to generate long term capital appreciation from a portfolio that is invested predominantly in equity & equity related instruments.
Top News Today
 Mahindra Satyam, the brand identity of Satyam Computer Services has developed an integrated migration solutions for healthcare payer organizations that would meet the new federal and Health Insurance Portability
 Private sector air carrier, Kingfisher Airlines, has decided to mop-up fresh funds of up to Rs 5,000 crore through issue of various instruments including preference shares, equity shares, Global Depository
 The government is expected to take decision on exportable quantity of cotton this week. The move follows recent lifting of the export ban on the cotton which was imposed earlier this year to restrict spiraling
|
Live Market Discussions With Site Visitors
|
|
|