HDFC Core & Satellite Fund - Dividend Declaration

HDFC Trustee Company Limited, the Trustee to HDFC Mutual Fund has announced dividend in the following scheme.  

Scheme Name Dividend amount (per unit) # Dividend option NAV (per unit) # NAV (per unit) as on HDFC Core & Satellite Fund - Dividend Option 2.00 21.463 10th February, 2011

# The above dividend will be subject to the availability of distributable surplus and may be lower to the extent of distributable surplus available on the Record Date.
  Face value 10 (per unit)

Record Date : Thursday, February 17, 2011*
* or the immediately following Business Day if that day is not a Business Day.   Pursuant to payment of dividend, the NAV of the Dividend Option of the above Scheme would fall to the extent of payout and statutory levy, if any.   Income distribution / Dividend will be paid to those Unit holders whose names appear in the Register of Unit holders under the Dividend Option of the aforesaid Scheme on the record date (including valid purchase / switch-in applications received till 3.00 p.m. in respect of the aforesaid Scheme, on the record date, subject to realization of cheques / demand drafts).

With regard to Unit holders under the Dividend Option of the aforesaid Scheme, who have opted for Dividend Reinvestment facility, as applicable, 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.

However, if the dividend amount payable to the Unitholders under the Dividend Payout Option of HDFC Core & Satellite Fund, is equal to or less than the threshold limit of 500, then such dividend amount will be compulsorily & automatically reinvested in the said Scheme.

Intimation of any change of address / bank details should be immediately forwarded to the Investor Service Centres (ISCs) of HDFC Mutual Fund.