HDFC Mutual Fund files offer document for Charity Fund for Cancer Cure - SID
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HDFC Mutual Fund has filed offer document with SEBI to launch a close ended income scheme named ‘HDFC Charity Fund for Cancer Cure - SID ‘. The New Fund Offer price is Rs 10. Entry load and Exit load will be nil. The Scheme offers growth and dividend options for investment and seeks to collect a Minimum Target Amount of Rs 20 crore.
The performance of the scheme will be benchmarked by NIFTY Medium Duration Debt Index. The minimum application amount is Rs 50000 per application and in multiples of Re 1000 thereafter.
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.
