MF News HDFC Mutual Fund announces changes in HDFC Liquid Fund

HDFC Mutual Fund announces changes in HDFC Liquid Fund

Team Cafemutual May 15, 2012

HDFC Mutual has decided to carry out the following changes to HDFC Liquid Fund, open-ended liquid income scheme with effect from May 11, 2012.

The weekly dividend option with payout and reinvestment facility under HDFC Liquid Fund-Premium Plus Plan will stand discontinued from the effective date. There are currently no unit holders under this option. Further, no fresh purchases/additional purchases/switch-in(s) shall be accepted under this option with immediate effect. Accordingly, after discontinuation of the weekly dividend option, HDFC Liquid Fund-Premium Plus Plan will offer growth option only.

The minimum application amount for purchase/switch-in under HDFC Liquid Fund-Premium Plus Plan will stand revised as under from the effective date.

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