HDFC Mutual Fund (MF) announced dividend under the dividend option of HDFC Quarterly Interval Fund- Plan B (Retail and institutional Plan).
The fund house fixed Apr. 11, 2008 as the record date. It will distribute the entire distributable surplus available on the record date, as 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.
This is for the fourth time the scheme has declared dividend.