Friday, May 23, 2008

Hdfc Fixed Maturity Plan 90 Days May 2008 (4)

Name of fund: HDFC Fixed Maturity Plan 90 Days May 2008 (4).
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: HDFC Fixed Maturity Plans- 90 Days May 2008 (4) 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: 28 May 2008

Offer closes: 2 June 2008

Entry load: Nil

Exit load: HDFC Fixed Maturity Plans- 90 Days May 2008 (4) would charge an exit load of 0.75% if the units are redeemed or switched out before maturity.

Fund Manager: Mr. Shobhit Mehrotra

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