HDFC FMP 100D September 2010 (4) : NFO

by khalid on 04/10/2010 · 0 comments

HDFC Mutual Fund is one of the largest mutual funds and well-established fund house in the country. HDFC Mutual Fund has launched a New Fund Offer (NFO) named as HDFC FMP 100D September 2010 (4). This is a close ended income fund. The investment objective of the Plans 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).

Entry load charge will not be applicable for the scheme. Exit load charge will be 0.25% if the amount sought to be redeemed or switched out is invested up to 1 month from the date of allotment, nil thereafter.

The fund seeks to collect a minimum subscription amount of Rs 1 crore under the scheme during the NFO period. Mr. Anil Bamboli and Mr. Anand Laddha will jointly manage the fund.

Fund NameHDFC Mutual Fund
Scheme Name HDFC FMP 100D September 2010 (4)
Scheme CategoryClose Ended (Income)
NFO Launch Date30th Aug 2010
NFO Closure Date6th Oct 2010
NFO Price (Rs) 10
Min. Subscription Amount(Rs) 5000 and multiples of Rs 10

For Further Details Please Visit Website : http://www.hdfcfund.com

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