HSBC Mutual Fund has declared dividend on the face value of Rs 10 per unit under HSBC MIP - Savings Plan - Quarterly Dividend Option. The record date for dividend is June 15, 2012.
The quantum of dividend will be Rs 0.20 per unit.
The primary objective is to seek generation of reasonable returns through investment in debt and money market instruments. Secondary objective is to invest in equity and equity related instruments to seek capital appreciation.
Source: Accord Fintech