Friday, February 1, 2008

HDFC Mutual Fund Launches FMP

HDFC Mutual Fund launched HDFC Fixed Maturity Plan - Series VII -18 Month - January 2008. The investment objective of the fund is to generate regular income through investments in debt, money market instruments, and government securities. The scheme will have wholesale and retail plan. The scheme offers investors growth option and dividend option under both the plans. Dividend option offers quarterly dividend option and normal dividend option with payout facility only.

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