Name of fund: HDFC Fixed Maturity Plan 13 Months March 2008 and HDFC Fixed Maturity Plan 90 Days March 2008
Scheme: Both the schemes are of close-ended income nature.
Objective: The investment objective of the fund is to generate regular income through investments in debt, money market instruments, and government securities.
Options: Both HDFC Fixed Maturity Plans- 13 Months March and 90 Days March 2008 offers wholesale plan and retail plan with growth and dividend option.
The Minimum Investment Amount:
Under retail Plan: Rs. 5,000 and in multiple of Re. 1 thereafter per application
Under wholesale Plan: Rs. 1 Crore and in multiples of Re. 1 thereafter per application
Asset allocation:
Debt securities and money market instruments: 60-100%
Government securities: 0- 40%
Securitised debt: Up to 75% of net assets of plan
Snapshot
Face value: Rs 10
Offer opens: 5 March 2008
Offer closes: 10 March 2008
Entry load: Nil
Exit load: HDFC Fixed Maturity Plan 13 Months March 2008 would charge an exit load of 2.00% if the units are redeemed or switched out before maturity.
HDFC Fixed Maturity Plan 90 Days March 2008 may charge an 0.75% an exit load if the units are redeemed or switched out before maturity.
Benchmark Index: Crisil Liquid Fund Index
Fund Manager: Mr. Shobhit Mehrotra.
Scheme: Both the schemes are of close-ended income nature.
Objective: The investment objective of the fund is to generate regular income through investments in debt, money market instruments, and government securities.
Options: Both HDFC Fixed Maturity Plans- 13 Months March and 90 Days March 2008 offers wholesale plan and retail plan with growth and dividend option.
The Minimum Investment Amount:
Under retail Plan: Rs. 5,000 and in multiple of Re. 1 thereafter per application
Under wholesale Plan: Rs. 1 Crore and in multiples of Re. 1 thereafter per application
Asset allocation:
Debt securities and money market instruments: 60-100%
Government securities: 0- 40%
Securitised debt: Up to 75% of net assets of plan
Snapshot
Face value: Rs 10
Offer opens: 5 March 2008
Offer closes: 10 March 2008
Entry load: Nil
Exit load: HDFC Fixed Maturity Plan 13 Months March 2008 would charge an exit load of 2.00% if the units are redeemed or switched out before maturity.
HDFC Fixed Maturity Plan 90 Days March 2008 may charge an 0.75% an exit load if the units are redeemed or switched out before maturity.
Benchmark Index: Crisil Liquid Fund Index
Fund Manager: Mr. Shobhit Mehrotra.
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