Important dates for the two FMPs are:
HDFC FMP 92D January 2012 (2) : The NFO opens on January 12, 2012 and closes on January 16, 2012
HDFC FMP 370D January 2012 (3) The NFO opens on January 12, 2012 and closes on January 17, 2012
The investment objective of the plans is to generate regular income through investments in debt / money market instruments and government securities maturing on or before the maturity date of the plans.
The plans would invest 60% to 100% of assets in debt & money market instruments with low to medium risk profile. The plans may invest upto 40% of net assets in government securities with low risk profile.
The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter.
The fund seeks to collect a minimum subscription amount of Rs 20 crore under each plan during the NFO period.
Minimum Application Amount: Rs 5,000 per application and additional Rs 10, thereafter
Options: Dividend Payout and Growth option
Exit Load: Nil
Listing: National Stock Exchange
Benchmark: Crisil Short Term Bond Fund Index
Fund Manager: Mr. Bharat Pareek