Fixed Maturity Plans from HDFC – Scheme Closes April 7th
HDFC Mutual Fund has introduced a fixed maturity plan in which you can invest for 182 days. The scheme name is “HDFC Fixed Maturity Plan 182 Days April 2011 (1)”. This type of scheme is a close ended growth scheme. The new fund offer opens on 05th April, 2011 and it closes on 07th April, 2011.This type of investments would be helpful for the investors who expect safer returns with more returns when compared to the fixed deposits.
Investment Objective:
The main investment objective of the scheme is to generate regular income by investing in debt, money market instruments and in government securities. These investments have a maturity date. These instruments either mature along with the plan or before the plan.
There is no Entry load and no exit load for investing in this scheme. The minimum investment amount for investing in this scheme is Rs 5000.
Happy Investing!!
Disclaimer:
“Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Scheme will be achieved. Please read the Statement of Additional Information and Scheme Information Document carefully before investing”.
“In Mutual Funds, the past performance is not guaranteed in future”.
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