Important dates for the two FMPs are:
HDFC FMP 13M August 2011 (1): The NFO opens on August 9, 2011 and closes on August 17, 2011. The scheme has a duration of 13 months.
HDFC FMP 92D August 2011 (1): The NFO opens on August 16, 2011 and closes on August 18, 2011. The scheme has a duration of 92 days.
The investment objective of the schemes is to generate regular income through investments in debt or money market instruments and government securities maturing on or before the maturity date of the schemes.
The schemes would invest 60% to 100% of assets in debt & money market instruments with low to medium risk profile. The schemes may invest upto 40% of net assets in government securities with low risk profile.
Minimum Application Amount: Rs 5,000 per application and additional Rs 10, thereafter
Options: Dividend Payout and Growth option
Listing: National Stock Exchange
Benchmark: CRISIL Short Term Bond Fund Index
Fund Manager: Mr Bharat Pareek
Exit Load: Nil