HDFC MF introduces FMP- Series XXI- 92D April 2012 (2)

HDFC Mutual Fund has announced the New Fund Offer (NFO) HDFC FMP - Series XXI- 92D April 2012 (2) a close-ended income scheme. The NFO opens for subscription on April 25, 2012 and closes on May 2, 2012. No entry and exit load charge is applicable for the scheme. The scheme offers dividend payout and growth option. The scheme will be benchmarked against CRISIL Short Term Bond Fund Index. The minimum application amount is Rs.5000 and in multiple of Rs.10 thereafter.  The scheme will be managed by Bharat Pareek. The investment objective of the plans is to generate regular income through investments in debt / money market instruments and government securities maturing on or before the maturity date of the plans.