Apr 11, 2008

HDFC MF revises dividend provision

11 Apr 2008 | 11:10 HDFC MF revises dividend provision
HDFC mutual fund has revised dividend provision under the following schemes. The changes will be applicable on a prospective basis from 15 April 2008.

Name of the Scheme

Existing Provision

Revised Provision

HDFC Equity Fund

HDFC Top 200 Fund

HDFC Capital Builder Fund

HDFC Prudence Fund

HDFC TaxSaver

Dividend plan in case growth plan or dividend plan is not indicated

Growth plan in case dividend plan or growth plan is not indicated.

HDFC High Interest Fund

Quarterly dividend payout in case growth plan or dividend plan is not indicated under the dividend plan.

Growth Plan in case dividend plan or growth plan is not indicated.

Quarterly dividend payout in case quarterly dividend option, half yearly dividend option and yearly dividend option is not indicated under the dividend plan.

HDFC High Interest Fund - Short Term Plan

Dividend option in case dividend option or growth option is not indicated.

Growth option in case dividend option or growth option is not indicated.

HDFC Cash Management Fund - Savings Plan

HDFC Cash Management Fund - Savings Plus Plan-Retail & Wholesale Option

Dividend option in case dividend option or growth option is not indicated.

Growth option in case dividend option or growth option is not indicated.

HDFC Cash Management Fund - Call Plan

Daily dividend option in case daily dividend option or growth option is not indicated.

Growth option in case daily dividend option or growth option is not indicated.

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