HDFC MF declares dividend in HDFC FMP 90D November 2008 (3)

HDFC Mutual Fund has announced dividend under the dividend option of retail as well as wholesale plan of HDFC FMP 90D November 2008 (3), which is a fixed maturity plan under HDFC Fixed Maturity Plans-Series X. The record date of the same is February 24, 2009. The fund house has decided to distribute 100% of distributable surplus as on the record date. The scheme as on February 17, 2009 recorded a NAV of Rs 10.2117 per unit under the retail plan and Rs 10.2145 per unit under wholesale plan. The objective of the scheme is to generate regular income through investments in debt/money market instruments as well as government securities.