HDFC Mutual Fund has launched the HDFC FMP 1122D March 2017 (1), a close ended income scheme. The NFO opens for subscription on March 20, 2017 and closes on March 20, 2017. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000.
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).