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1:5 Split Soon: Rs 2,300 Defence Stock To Split Into Five Shares, Rs 400 Cr Fundraising Too; Hits 52-Week High -
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Marshall Wace Offloads Stakes in 21 Indian Companies for Rs 2,365 Crore -
Rishi Sunak Announces Generational Hike in UK Defence Spending -
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Dr Reddy's Voluntarily Recalls Six Drug Lots in US Over Potency Concerns -
IRCON, RITES: 2 Multibagger Navratna Railway Stocks Potential To 17-24% Upside Ahead; Assigned BUY Rating -
AU Small Finance Bank Unveils New Products Including Rupay Credit Card -
Mahindra Finance Detects Rs 150 Crore Fraud, Postpones FY24 Financial Results -
Rs 2.20/Share Dividend Declared: 84-Yrs Old Small Cap Tata Co Reports 7.7% Rise In Net
HDFC Mutual Fund unveils two Fixed Maturity Plan
The new issue opening and closing dates are as follows:
- HDFC FMP 1919D January 2013 (1): The NFO opens on 3 January 2013 and closes on 7 January 2013.
- HDFC FMP 462D January 2013 (1): The NFO opens on 31 December 2012 and closes on 8 January 2013.
Investment objective:
The investment objective of the Plans under the Scheme is to generate income through investments in Debt / Money Market Instruments and Government Securities maturing on or before the maturity date of the respective Plan(s).
Options:
Growth option and Dividend option. Dividend Option offers Normal Dividend Option and Quarterly Dividend Option with Payout facility only. Flexi option.
Minimum Application Amount:
The Minimum amount for application Rs5,000 and in multiples of 10 thereafter.
The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under each plan during the NFO period.
Liquidity:
The Scheme being offered through this Scheme Information Document is a close ended income scheme. The Units of the Scheme will be listed on the Capital Market Segment of the National Stock Exchange of India Ltd. (NSE) and BSE Ltd. (BSE). The Units of the Scheme cannot be redeemed by the investors directly with the Fund until the Maturity / Final Redemption date.
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