HDFC MF introduces FMP 369D April 2014 (2)

HDFC Mutual Fund has launched the New Fund Offer (NFO) of HDFC FMP 369D April 2014 (2), a close ended income scheme. The NFO opens and closes for subscription on Apr 16, 2014. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000. The scheme’s performance will be benchmarked against Crisil Short Term Fund Index and its fund managers are Shobhit Mehrotra and Rakesh Vyas. 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 Plan(s).