HDFC MF introduces Charity Fund for Cancer Cure
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HDFC Mutual Fund (MF) has launched HDFC Charity Fund for Cancer Cure (A Fixed Maturity Plan), a Close Ended Income Scheme with Tenure 1196 Days. A Relatively High Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on July 28, 2023 and closes on August 08, 2023. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 50,000 and in multiple of Rs 1,000 thereafter per application.
The performance of the scheme will be benchmarked against NIFTY Medium Duration Debt Index and its fund managers are Anil Bamboli and Dhruv Muchhal (overseas Investments).
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 Scheme.
