HSBC MF has declared dividend on the face value of Rs 10 per unit dividend under HSBC MIP-Savings Plan-Quarterly Dividend. The record date for dividend is September 14, 2012.
The quantum of dividend will be Rs 0.20 per unit on the face value of Rs 10 per unit.
The investment objective of the scheme 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