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
Listing:BSE
Benchmark: Crisil Short Term Bond Fund Index
Fund Managers: Bharat Pareek and Miten Lathia

Dion Global Solutions Ltd

Dion Global Solutions LtdNewsletter

View the Original article