HDFC MF announces 40% div under Long Term Advantage Fund - DP 03/02/2015

HDFC MF announces 40% div under Long Term Advantage Fund - DP
03/02/2015 10:56
HDFC Mutual Fund has announced 40 per cent dividend under dividend payout option of scheme named as “HDFC Long Term Advantage Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is February 5. The latest NAV of the scheme is Rs 44.73. The investment objective of the Equity – ELSS scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity-related instruments. The performance of the scheme is benchmarked against BSE Sensitive Index (30Cos). Chirag Setalvad is the fund manager of the scheme.