HDFC MF Capital Protection Oriented Fund - Series III

HDFC Mutual Fund (MF) has launched a new plan named as HDFC Capital Protection Oriented Fund- Series III - January 2015, a close ended capital protection oriented scheme with the duration of 1173 days from the date of allotment.

* The face value of the new issue will be Rs 10 per unit.

* The new issue will be open for subscription from 23 January to 06 February 2015.

* The investment objective of the plan is to generate returns by investing in a portfolio of debt and money market securities which mature on or / before the date of maturity of the scheme.

* The scheme also seeks to invest a portion of the portfolio in equity and equity related securities to achieve capital appreciation.The plan shall offer two options - regular and direct option. The regular and direct option offers sub-option i.e. growth option & dividend options. Dividend option offer dividend payout facility only.

* The plan would invest 75% to 100% of assets in debt and money market instruments with low to medium risk profile and invest upto 25% in equity and equity related instruments (including equity derivatives) with high risk profile.

* The minimum application amount is Rs. 5.000.

* Entry and exit load charge will be not applicable for the plan.

* Benchmark Index for the plan is CRISIL MIP Blended Index.

* The fund managers of the scheme are Mr. Anil Bamboli (Debt Portfolio) and Ms, Vinay R kulkarni (Equity Portfolio). Mr. Rakesh Vyas will be dedicated fund manger for Overseas Investments.

Share: