HDFC MF has launched the NFO of HDFC FMP 371D July 2012 (2), a close ended income scheme.
The NFO opens for subscription on July 18, 2012 and closes on July 24, 2012. No entry load or exit load will be applicable for the scheme.
The minimum subscription amount is Rs. 5000.
The scheme’ performance will be benchmarked against CRISIL ShortTerm Bond Fund Index and its fund manager is Bharat Pareek.
The investment objective of the scheme is to generate income through investments in debt / money market instruments and government securities maturing on or before the maturity date of the respective plans.
Source : Accord Fintech
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