20% div announced under HDFC Small & Midcap Fund 19/02/2015

20% div announced under HDFC Small & Midcap Fund
19/02/2015 09:58
HDFC Mutual Fund has announced 20 per cent dividend under dividend payout option of scheme named as “HDFC Small & Midcap Fund” on the face value of Rs 10 per unit. The record date for the dividend is February 19. The latest NAV of the scheme is Rs 22.79. The investment objective of the equity - diversified scheme is to provide long-term capital appreciation by investing predominantly in small-cap and mid-cap companies. The performance of the scheme is benchmarked against CNX Smallcap Index. Chirag Setalvad is the fund manager of the scheme.