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Declaration of dividend under HDFC Prudence Fund
13-Mar-2010
 

HDFC Mutual Fund has announced dividend under -- HDFC Prudence Fund -- an open-ended scheme. The fund house has fixed March 18, 2010 as record date for the dividend declaration.

The amount of dividend declared under the said scheme is Rs 3.50 or 35% on the face value of Rs 10 per unit.

The investment objective of the scheme is to provide periodic returns and capital appreciation over a long period of time, from a judicious mix of equity and debt investments, with the aim to prevent/minimise any capital erosion.

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