13 Dec 2012
|HDFC Mutual Fund has declared 0.1270 per cent dividend under monthly dividend payout option of scheme named as ‘HDFC Cash Management - Treasury Advantage Plan - Institutional Plan’, on the face value of Rs 10 per unit.
The record date for the dividend was December 10. The NAV of scheme as on December 12, 2012 was at Rs 10.0847.
The investment objective of ‘HDFC Cash Management - Treasury Advantage Plan - Institutional Plan’, an open ended liquid fund scheme, is to generate regular income through investment in debt securities and money market instruments.
The performance of the scheme is benchmarked against Crisil Liquid Fund Index and Anil Bamboli is the fund manager of the scheme.