HDFC FMP 370 Days; NFO to close on January 31

HDFC FMP 370 Days; NFO to close on January 31
HDFC Mutual Fund launched a new close ended income scheme named “HDFC FMP 370 D January 2012 (4)", with maturity time of 370 days.

Allocation of funds:
The asset allocation of scheme will be in such a way that the primary objective of the scheme to generate returns will be met, through investments in Debt / Money Market Instruments and Government Securities. Hence, the scheme will allocate 60 to 100 per cent in debt and money market instruments and 0 to 40 per cent in government securities.e.

Basic Details:
NFO Opens: January 24, 2012
NFO Closes: January 31, 2012
NFO Price: Rs 10 per unit
Options: Growth and Dividend Payout
Minimum Application Amount: Rs 5000 and in multiples of Rs 10 thereafter.
Exit Load: Nil
Benchmark: Crisil Short Term Bond Fund Index
Fund Managers: Bharat Pareek and Miten Lathia

Dion Global Solutions Ltd

Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Thousands of Goodreturn readers receive our evening newsletter.
Have you subscribed?