HDFC Mutual Fund launches HDFC Ultra Short Term Fund

Mutual Fund
Sep 18, 2018 by Advisorkhoj Team | Mutual Fund | 11 Downloaded

NFO period: 18th September – 24th 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

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

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