Rs 3.50 dividend in HDFC Prudence Fund
Mumbai: HDFC Mutual Fund has declared dividend under its HDFC Prudence Fund. The record date for distribution of dividend is March 17, 2011.
The quantum of dividend decided for distribution is Rs 3.50 per unit on the face value of Rs 10.
HDFC Prudence Fund is an open ended balanced scheme with investment objective to provide periodic returns and capital appreciation over a long period of time from a judicious mix of equity and debt investments with an aim to prevent / minimize any capital erosion. The scheme is managed by Prashant Jain and is benchmarked against CRISIL Balanced Fund Index.
IDFC Equity Fund pays dividend
Mumbai: IDFC Mutual Fund has declared dividend under its IDFC Equity Fund – Plan A. The record date for distribution of dividend is March 18, 2011.
The quantum of dividend decided for distribution is Rs 1 per unit on the face value of Rs 10.
IDFC Equity Fund is an open ended equity scheme with investment objective to generate capital growth from a portfolio of predominantly equity and equity related instruments. The scheme is managed by Kenneth Andrade. It is benchmarked against S&P CNX Nifty.
Franklin India Flexi Cap Fund pays dividend
Mumbai: Franklin Templeton Mutual Fund has declared dividend under its Franklin India Flexi Cap Fund. The record date for distribution of dividend is March 18, 2011.
The quantum of dividend decided for distribution is Rs 1.50 per unit on the face value of Rs 10.
Franklin India Flexi Cap Fund is an open ended equity scheme with investment objective to provide medium to long term capital appreciation by investing in stocks across the entire market capitalization range. The scheme is jointly managed by K.N. Sivasubramanian and Anand Vasudevan. It is benchmarked against S&P CNX 500.
