HSBC Midcap Equity Fund declares 10% dividend

The Trustees of HSBC Mutual Fund have declared a dividend under the scheme HSBC Midcap Equity Fund - Dividend Option. The Dividend declared per unit is Rs 1.0/- (10%) The Face Value per Unit is Rs. 10/-

The Record date for the dividend is December 11, 2009.

The NAV of HSBC Midcap Equity Fund - Dividend Option is Rs 14.0594 as on December 3, 2009.

The Dividend will be paid to all the unitholders whose names appear on the Register of unitholders of the Scheme, at the close of business on December 11, 2009 subject to availability of distributable surplus under the Scheme.

Pursuant to payment of Dividend, the NAV of the Scheme (Dividend Option) will fall to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in the future.

Source : Equity Bulls

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