HDFC Mutual Fund introduces FMP 2638D February 2023
HDFC Mutual Fund (MF) has launched HDFC Fixed Maturity Plans (FMP) - Series 47- 2638D February 2023, a Close Ended Income Scheme with Tenure 2638 Days. A Relatively High Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on February 21, 2023 and closes on February 22, 2023. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiple of Rs 10 thereafter.
The performance of the scheme will be benchmarked against NIFTY Long Duration Debt Index and its fund manager is Vikash Agarwal.
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).
