Tuesday, April 22, 2008

HDFC MF declares NFO period

HDFC Mutual Fund has announced that the New Fund Offer (NFO) period of HDFC FMP 90D April 2008 and HDFC FMP 18M April 2008 (2), fixed maturity plans under HDFC Fixed Maturity Plans-Series VII, a closed ended income scheme, will open for subscription on 24 April 2008 and close for subscription on 28 April 2008.

The investment objective of the plans under the scheme is to generate regular income through investments in Debt/Money Market Instruments and Government Securities.

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