HDFC Mutual Fund launches HDFC Ultra Short Term Fund

NFO period: 18^th September – 24^th September, 2018

Highlights of the NFO:

• Scheme type – An open ended ultra-short term debt scheme investing in instruments such that the Macaulay Duration^ of the portfolio is between 3 months and 6 months


• Investment objective – To generate income / capital appreciation through investment in debt securities and money market instruments. There is no assurance that the investment objective of the Scheme will be realized.


• Product suitability – The product is suitable for investors who are seeking income over short term income/capital appreciation through by investing in debt securities and money market instruments.


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


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option.


• Fund Managers – Mr. Anil Bamboli and Mr. Rakesh Vyas


• Benchmark – CRISIL Ultra Short Term Debt Index