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HDFC Mutual Fund (MF) has launched HDFC Fixed Maturity (FMP) 1861D March 2022, a Close Ended Income Scheme With Tenure 1861 Days, A Relatively High Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on March 04, 2022 and closes on March 08, 2022. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Rs 10 thereafter per application.

The performance of the Scheme will be benchmarked with NIFTY Medium To 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).