HDFC Mutual Fund has launched the New Fund Offer (NFO) of HDFC FMP 1107D October 2014 (1), a close ended income scheme. The NFO opens for subscription on Oct 31, 2014 and closes on Nov 10, 2014. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000.
The investment objective of the scheme is to generate income through investments in Debt / Money Market Instruments and Government Securities maturing on or before the maturity date of the respective Plan(s).
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