HDFC MF introduces HDFC FMP 35D September 2010 (1)
Time - 07/09/2010 : 11:50
HDFC Mutual Fund has announced the New Fund Offer (NFO) of HDFC FMP 35D September 2010 (1), a close-ended income scheme.
The NFO opens for subscription on September 7, 2010 and closes on September 8, 2010. No entry and exit load is applicable on the scheme, its tenure has been fixed as 35 days from the date of allotment.
The scheme will be benchmarked against CRISIL Liquid Fund Index while the minimum application amount will be Rs 5,000 and in multiples of Rs 10 thereafter.
The investment objective of the Plan(s) 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).
