HDFC Mutual Fund launches 370 days fixed maturity plan
Moneylife Digital Team 16 June 2011

HDFC Mutual Fund new issue closes on 22nd June

HDFC Mutual Fund has launched HDFC FMP 370D June 2011 (3), a close-ended income scheme.

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).

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

Crisil Short Term Bond Fund Index is the benchmark index. Miten Lathia is the fund manager.

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