HDFC MF Launches 90D March (3) Plans Under HDFC FMP -Series VII

Name of fund: HDFC Fixed Maturity Plan 90 Days March 2008 (3).

Scheme: The scheme is 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 90 Days March 2008 (3) 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

Offer opens: 25 March 2008

Offer closes: 27 March 2008

Face value: Rs 10

Entry load: Nil

Exit load: HDFC Fixed Maturity Plan 90 Days March 2008 (3) 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.