HDFC Core & Satellite Fund declares 30% dividend

HDFC Mutual Fund's HDFC Core & Satellite Fund - Dividend Option has declared a dividend of 30% to the unitholders. The scheme has fixed January 11, 2007 as the record date for dividend. The unitholders who hold units in the scheme or buy units before January 11 are eligible for this dividend.

The NAV (Net Asset Value) of the unit as on January 5, 2007 is Rs.23.08. The NAV of the scheme will fall to the extent of dividend paid and statutory levy, if any after the record date. The scheme was launched in September 10, 2004 and has given 49.76% returns since inception. The scheme has given 35.22% returns in the last 1 year.

For investing in this mutual fund scheme: Please contact Mr.Guru @ +91-9841289586

Source : Equity Bulls

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