HDFC Mutual Fund new issue closes on 19th July
HDFC Mutual Fund has launched HDFC FMP 375D July 2011 (1), a close-ended income scheme.
The investment objective of the plan under the scheme is to generate income throughinvestments in debt/money market instruments and government securities maturing on or beforethe maturity date of the respective plan. The tenure of the plan is 375 days.
The new issue closes on 19th July. The minimum investment amount is Rs5,000.
Crisil Short Term Bond Fund Index is the benchmark index. Bharat Pareek and Miten Lathia (foroverseas investment) are the fund managers.
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