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Indian-Commodity  :  Mutual Funds  :  HDFC MF introduces FMP 1919D January 2013 (1)

HDFC MF introduces FMP 1919D January 2013 (1) (03-Jan-2013)

HDFC Mutual Fund has launched the New Fund Offer (NFO) of HDFC FMP 1919D January 2013 (1), a close ended income scheme. The NFO opens for subscription on January 3, 2013 and closes on January 7, 2013. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs. 5000.

The scheme's performance will be benchmarked against Crisil Short Term Bond Fund Index and its fund managers are Shobhit Mehrotra and Rakesh Vyas.

The investment objective of 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 plans.


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