16th July 2008
Name of fund: HDFC Fixed Maturity Plan 370 Days August 2008 (2)
Scheme: HDFC Fixed Maturity Plans 370 Days August 2008 (2) is of close-ended income nature.
Investment objective: The investment objective of the fund is to generate regular income through investments in debt, money market instruments, and government securities.
Investment Options: HDFC Fixed Maturity Plans- 370 Days August 2008 (2) offers wholesale plan and retail plan with growth and dividend option.
The Minimum Investment Amount: Under retail plan, the minimum application amount will be Rs. 5,000 and in multiples of Re. 1 thereafter. Under wholesale plan, the minimum investment amount is Rs. 1 crore and in multiples of Re. 1 thereafter.
Minimum Targeted Amount: Rs 1 crore
Asset allocation:
Debt securities and money market instruments: 60-100%
Government securities: 0- 40%
Securitised debt: Up to 75% of net assets of plan
Offer opens: 18 August 2008
Offer closes: 1 October 2008
Face value: Rs 10
Entry load: Nil
Exit load: HDFC Fixed Maturity Plan 370 Days August 2008 (2) would charge an exit load of 1.50% if the units are redeemed or switched out before maturity.
Benchmark: The Benchmark Index for the Scheme would be Crisil Short-Term Bond Fund Index.
Fund Manager: Mr. Shobhit Mehrotra.
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