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HDFC MF announces 35% div under Prudence Fund - Direct Plan

By Religare

HDFC Mutual Fund has announced 35 per cent dividend under dividend payout option of scheme named as "HDFC Prudence Fund - Direct Plan" on the face value of Rs 10 per unit.

The record date for the dividend is February 26. The latest NAV of the scheme is Rs 38.85.

The investment objective of the equity - balanced fund scheme is 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 / minimise any capital erosion.


The performance of the scheme is benchmarked against Crisil Balanced Fund Index. Prashant Jain is the fund manager of the scheme.

Story first published: Wednesday, February 25, 2015, 12:50 [IST]
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