HDFC Mutual Fund launches HDFC Charity Fund for Cancer Cure

Mutual Fund
Mar 10, 2017 by Advisorkhoj Team | Mutual Fund | 16 Downloaded

NFO period: 10th March – 24th March, 2017

Highlights of the NFO:

  • Scheme type – A close-ended scheme

  • Investment objective –

    • Arbitrage Plan

      – To generate income through arbitrage opportunities between cash and derivative market and through investments in debt and money market instruments.

    • Debt Plan

      – To generate income through investments in Debt / Money Market Instruments and Government Securities maturing on or before the maturity date of the Plan.

    • However, there can be no assurance that the investment objective of the Scheme / Plan(s) will be realized.

  • Product suitability – The product is suitable for investors who are seeking

    • Arbitrage Plan

      – To generate regular income over the tenure of the scheme (1136 days) income through arbitrage opportunities between cash and derivative market and through investments in debt and money market instruments.

    • Debt Plan

      – To generate regular income over the tenure of the Scheme (1136 days) by investing in Debt/Money Market Instruments and Government Securities.

  • Minimum Application Amount – First investment is Rs. 50,000/- and in multiples of Rs. 1,000/- thereafter

  • Plan/ Options available – Arbitrage Plan and Debt Plan. Both the Plans offer Regular Option and Direct Option.

  • Fund Manager – Mr. Krishan Kumar Daga, Mr. Anil Bamboli and Mr. Rakesh Vyas

  • Benchmark –

    • Arbitrage Plan – NIFTY 50 Arbitrage Index

    • Debt Plan – Crisil Short Term Bond Fund Index

  • Maturity – 1136 days from the date of allotment

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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