HDFC Mutual Fund has announced 0.12 per cent dividend under dividend payout option of scheme named as “HDFC Low Duration Fund - Regular Plan” on the face value of Rs 10 per unit.

The record date for the dividend was August 06. The latest NAV of the scheme is Rs 10.16.

The investment objective of the open ended liquid fund scheme is to generate regular income through investment in debt securities and money market instruments.

The performance of the scheme was benchmarked against Crisil Liquid Fund Index. Anupam Joshi is the fund manager of the scheme.