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HDFC Prudence Monthly Dividend

Discussion in 'Mutual Funds' started by shabbir, Oct 1, 2016.

  1. shabbir

    shabbir Administrator Staff Member

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    I was doing some mutual fund investment research and found that

    HDFC Prudence Fund declared a 9th monthly dividend of 2016 @ Rs 0.30 /unit. Record date was 26.09.16 and NAV as of today (1st October 2016) is Rs 29.96

    With an investment of 10 lakh, can get 33377.83 units and it means monthly income of 10013.35 in dividend.
     
  2. shabbir

    shabbir Administrator Staff Member

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    The dividend history of HDFC Prudence Fund is

    26-Sep-2016 0.3000
    25-Aug-2016 0.3000
    25-Jul-2016 0.3000
    27-Jun-2016 0.3000
    25-May-2016 0.3000
    25-Apr-2016 0.3000
    28-Mar-2016 0.3000
    25-Feb-2016 2.1000
    25-Jan-2016 0.3000
    26-Feb-2015 3.5000
    26-Feb-2014 3.0000
    27-Feb-2013 3.0000
    15-Mar-2012 3.5000
    17-Mar-2011 3.5000
    18-Mar-2010 3.5000
    19-Mar-2009 2.5000
    21-Feb-2008 5.0000
    21-Feb-2007 5.0000
    03-Mar-2006 5.0000
    18-Mar-2005 5.0000
    15-Mar-2004 1.5000
    26-Dec-2003 3.0000
    15-Jul-2003 2.0000
    15-Mar-2002 1.0000
    09-Mar-2001 0.9000
    07-Apr-2000 1.5000
    29-Nov-1999 2.0000
    06-Aug-1999 2.0000

    Source: http://www.moneycontrol.com/mf/dividend_history/divhistory.php
     
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  3. nirajshah

    nirajshah Champion

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  4. drjlbansal

    drjlbansal Member

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    From your calculations dividend comes to 12 percent per annum.I think dividend is tax free.Better than FD.
     
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