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NFO: HDFC FMP 19M November 2009

November 06, 2009

Scheme: HDFC FMP 19M November 2009 is a close ended income scheme and a fixed maturity plan under HDFC Fixed Maturity Plans - Series XI. The new issue will be open for subscription on November 6, 2009 and will close on November 16, 2009. The NFO price for the fund is Rs. 10 per unit.

The plans' investment objective under the scheme is to generate regular income through investments in debt / money market instruments and government securities maturing on or before the maturity date of the respective plan(s).

The scheme shall offer growth as well as dividend option. Further the dividend option offers quarterly dividend option and normal dividend option with payout facility only. The minimum application amount for purchase of units is Rs. 5,000 and in multiples of Re. 10 thereafter.


Source: Religare Technova   Type: Others

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