HDFC Mutual Fund has fixed June 25, 2004 as the record date for the maiden issue of bonus units under the Investment Plan and Savings Plan of HDFC Children's Gift Fund.
All the unit holders under the above plans as on the record date will be eligible to receive the bonus units.
After the allotment of the bonus units, the NAV of the fund would fall in proportion to the bonus units and as a result, the total value of the units on the record date held by the investor would remain the same.
3 min read•By Dhirendra Kumar
3 min read•By Pranit Mathur
2 min read•By Value Research
2 min read•By Research Desk
New episodes every Friday
The true measure of Charlie Munger's wealth
Charlie Munger's 'poverty' has become a topic of online conversations, but it's utterly irrelevant for investors
Other Episodes
Ignore it all...
If your investing life is like a computer game, you're doing it wrong. It should be like watching a tree grow.
Simple or not?
Why simplicity, not complexity, is key to building your wealth
Market jitters? Take a deep breath
A simple guide to keeping calm during market turbulence
Time to sweat a bit?
The markets seem headed downwards. It's time to (not) worry.
Widely read:
