HDFC Mutual Fund launches HDFC Dual Advantage Fund Series II 1111 Days

Mutual Fund
Apr 26, 2016 by Advisorkhoj Team | Mutual Fund | 9 Downloaded

NFO period: 26th April – 10th May, 2016

Highlights of the NFO:

  • Scheme type – A close-ended income scheme

  • Investment objective – The Scheme seeks to generate income by investing in a portfolio of debt and money market securities which mature on or before the date of maturity of the Scheme. The scheme also seeks to invest a portion of the portfolio in equity and equity related securities to achieve capital appreciation. There is no assurance that the investment objective of the Schemes will be realized.

  • Product suitability – The product is suitable for investors who are seeking regular income as well as capital appreciation over 1111 days (tenure) of the fund to generate returns by investing in debt and money market instruments and also in equity and equity related instruments to achieve capital appreciation.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiple of Rs. 10/- thereafter

  • Plan/ Options available – – Regular Options and Direct Options having Growth sub-options and Dividend sub-options.

  • Fund Managers – Mr. Anil Bamboli, Mr. Krishan Kumar Daga & Mr. Rakesh Vyas

  • Benchmark –

    • For Plan(s) having tenure upto 42 months: CRISIL Debt Hybrid 75+25 Fund Index

    • For Plan(s) having tenure greater than 42 months to 66 months: CRISIL Debt Hybrid 60+40 Fund Index

  • Maturity – 1111 days from the date of allotment

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

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