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Sunday, March 24, 2019

Dividend Declaration: HDFC Hybrid Equity Schemes

Dividend Declaration: HDFC Hybrid Equity Schemes..!


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HDFC Trustee Company Limited, the Trustee to HDFC Mutual Fund, has approved declaration of dividend under the Dividend Options of the Scheme(s) as under:
Name of the Scheme/Plan/OptionAmount of Dividend
(header per unit)#
NAV as on March 18, 2019
(header per unit)
Impact of Dividend Distribution on NAV
(header per unit)

Individuals & HUF^
 

Others^
HDFC Hybrid Equity Fund - Direct Plan - Dividend Option~ (Payout and Reinvestment)0.32012.8660.361
HDFC Balanced Advantage Fund - Direct Plan - Dividend Option^^ (Payout and Reinvestment)0.31031.1580.350
HDFC Equity Savings Fund - Direct Plan - Dividend Option (Payout and Reinvestment)0.22112.0900.250
Face Value per unit of all the above Scheme(s) / Plan(s) / Option(s) is rupee symbol 10/-
~ Dividend option - Quarterly Frequency; ^^Dividend option - Monthly Frequency

# The dividend will be subject to the availability of distributable surplus and may be lower, depending on the distributable surplus available on the Record Date.

^ The difference in Dividend per unit for ‘Individuals & HUF’ and ‘Others’ is due to differential rate of applicable Dividend Distribution Tax.

Pursuant to payment of dividend, the NAV of the Dividend Option(s) of the above Scheme(s) would fall to the extent of payout and statutory levy, if any.

Income distribution/Dividend will be paid to those Unit holders/Beneficial Owners whose names appear in the Register of Unit holders maintained by the Mutual Fund/ Statement of Beneficial Ownership maintained by the Depositories, as applicable, under the Dividend Option(s) of the Scheme(s) on the Record Date.

With regard to Unit holders of the Scheme(s) who have opted for Reinvestment facility under the Dividend Option(s), the dividend due will be reinvested by allotting Units for the Income distribution/Dividend amount at the prevailing ex-dividend NAV per Unit on the Record Date.

Unit holders who have not opted for Dividend payout through electronic mode(s) are advised to opt for the same at the earliest due to the inherent benefits of such mode(s) such as convenience of direct credit of the proceeds into the bank account as also avoiding loss of payment instruments in transit or fraudulent encashment. Please update the IFSC and MICR Code in order to get payouts via electronic mode into the bank account.

Intimation of any change of address/bank details should be immediately forwarded to the Investor Service Centres of the HDFC Mutual Fund (for units held in non-demat form) /Depository Participant (for units held in demat form).
 
Record Date:
Monday, March 25, 2019*
 
  • or the immediately following Business Day, if that day is not a Business Day.
 
 
Name of SchemesThis product is suitable for investors who are seeking*
HDFC Hybrid Equity Fund
(An open ended hybrid scheme investing predominantly in equity and equity related instruments)
  • to generate long-term capital appreciation/income
  • investments predominantly in equity & equity related instruments. The Scheme will also invest in debt and money market instruments
HDFC Balanced Advantage Fund
(An open ended balanced advantage fund)
  • to generate long-term capital appreciation/income
  • investments in a mix of equity and debt instruments
HDFC Equity Savings Fund
(An open ended scheme investing in equity, arbitrage and debt)
  • capital appreciation while generating income over medium to long term
  • provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments
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*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Toll Free Number: 180030106767 / 18004197676
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Dividend Declaration: HDFC Hybrid Equity Schemes Reviewed by Investment Guru on March 24, 2019 Rating: 5 Dividend Declaration: HDFC Hybrid Equity Schemes..! HDFC Trustee Company Limited, the Trustee to HDFC Mutual Fund, has approved decl...

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