HDFC Mutual Fund: Discontinuation of compulsory dividend re- investment

HDFC Mutual Fund has decided to discontinue the provision of compulsory re- investment of dividend amount upto Rs 500 under the dividend option of the following schemes—HDFC Growth Fund, HDFC Equity Fund, HDFC Top 200, HDFC Capital Builder Fund, HDFC Core and Satellite Fund, HDFC Premier Multi cap Fund, HDFC Arbitrage Fund, HDFC Mid- cap Opportunity Fund, HDFC Long Term Equity Fund, HDFC Infrastructure Fund, HDFC Balanced Fund and HDFC Prudence Fund.
The effective date for this change is August 23, 2011.