Fund News

Change in Face Value Under Schemes of HDFC Mutual Fund

17-Aug-2015•News Desk

HDFC Mutual Fund has decided to change the face value per unit from Rs.10 to Rs.1000 of units offere

HDFC Mutual Fund has decided to change the face value per unit from ₹10 to ₹1000 of units offered under the options of Regular and Direct Plan of HDFC Liquid Fund, HDFC Cash Management Fund - Savings Plan and HDFC Cash Management Fund - Call Plan with effect from August 30, 2015.
The minimum amount for redemption and switch out will be same though the minimum units will be changed accordingly.

The fund house has also decided to declare dividend under HDFC Arbitrage Wholesale Direct-D and HDFC Arbitrage Wholesale-D. The quantum of dividend shall be ₹0.065 per unit. The record date has been fixed as August 20, 2015.

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