HSBC Mutual Fund introduces 370 days fixed term series

HSBC Mutual Fund new issue closes on 24th March

HSBC Mutual Fund has launched HSBC Fixed Term Series 79, a close-ended income scheme.

The investment objective of the scheme is to generate returns by investing in a portfolio of fixed income instruments maturing within the time profile of the scheme. The tenor of the plan is 370 days.

The new issue closes on 24th March. The minimum investment amount is Rs10,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Sanjay Shah and Kedar Karnik are the fund managers.

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HDFC Mutual Fund launches 370 days fixed maturity plan

HDFC Mutual Fund new issue closes on 28th March

HDFC Mutual Fund has launched HDFC FMP 370D March 2011 (5), a close-ended income scheme.

The investment objective of the plan 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. The tenor for the scheme is 370 days.

The new issue closes on 28th March. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund Index is the benchmark index. Shobhit Mehrotra and Miten Lathia (for overseas investments) are the fund managers.

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HDFC Mutual Fund unveils 35 days fixed maturity plan

HDFC Mutual Fund new issue closes on 22nd March

HDFC Mutual Fund has launched HDFC FMP 35D March 2011 (2), a close-ended income scheme.

The investment objective of the plan 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.

The new issue closes on 22nd March. The minimum investment amount is Rs5,000.

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