HDFC declares 55% dividend under HDFC Equity Fund 17/03/2015

HDFC declares 55% dividend under HDFC Equity Fund
17/03/2015 10:58
HDFC Mutual Fund has announced 55 per cent dividend under dividend payout option of scheme named as “HDFC Equity Fund” on the face value of Rs 10 per unit. The record date for the dividend is March 19. The latest NAV of the scheme is Rs 59.86. The investment objective of the open ended equity diversified scheme is to achieve capital appreciation. The performance of the scheme was benchmarked against S&P CNX 500 Equity Index. Prashant Jain is the fund manager of the scheme.