Mumbai: HDFC Mutual Fund has declared dividend under its schemes HDFC Long Term Advantage Fund and HDFC Premier Equity Fund. The record date for distribution of dividend is February 10, 2011.
The quantum of dividend decided for distribution is Rs 4.00 and Rs 1.50 per unit respectively on the face value of Rs 10.
HDFC Long Term Advantage Fund is managed by Chirag Setalvad and is benchmarked against BSE Sensex. HDFC Premier Equity Fund is managed by Vinay Kulkarni and is benchmarked against S&P CNX 500 Index.
