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HDFC launches HDFC FMP 367D May 2014 (2) and announces dividend


HDFC Mutual Fund announced the NFO of two fixed maturity plans under series 31. HDFC FMP 367D May 2014 (2) will open for subscription on May 09, 2014 and close on May 12, 2014. HDFC FMP 366D May 2014 (1) will open for subscription on May 15, 2014 and close on May 19, 2014.

The Fund House also announced dividend under the dividend option of HDFC FMP 370D May 2013 (1) Reg-D, HDFC FMP 370D May 2013 (1) Direct-D, HDFC FMP 370D May 2013 (1) Reg-DQ and HDFC FMP 370D May 2013 (1) Direct-DQ.

The quantum of dividend will be the entire distributable surplus as on the record date. The record date has been fixed as May 12, 2014.