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.
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.
Close ended debt scheme
MINIMUM INVESTMENT DURING NFO
Rs. 5,000/- and in multiples of Rs 10 for purchase and switch-ins.
Growth and Dividend Payout.
The units of the scheme will be listed on NSE on allotment.
CRISIL Composite Bond Fund Index
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.
370 Days after the date of allotment of units.HERE
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