NFO : HDFC – Fixed Maturity Plan 370 Days

HDFC Mutual Fund is launching 370 days FMP Series XV, [which will be listed on National Stock Exchange (NSE)] from August 5, 2010 (Thursday) and will close on August 12, 2010 (Thursday).  NRI can also apply through their NRO account.

INVESTMENT OBJECTIVE

The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk.

SCHEME TYPE

Close ended debt scheme

MINIMUM INVESTMENT DURING NFO

Rs. 5,000/- and in multiples of Rs 10 for purchase and switch-ins.

OPTIONS

Growth and Dividend Payout.

LISTING

The units of the scheme will be listed on NSE on allotment.

BENCHMARK

CRISIL Composite Bond Fund Index

LIQUIDITY

Units of this scheme will be listed on National Stock Exchange. Investors may  sell their units in the stock exchange(s) on which these units are listed on all the trading days of the stock exchange. The units cannot be redeemed with HDFC Asset Management Co. until the maturity of the scheme.

MATURITY

370 Days after the date of allotment of units.

Download HDFC FMP 370 Days Series XV Application Form

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Tags: HDFC Mutual Fund

Category: Blog