Saturday, February 27, 2010

HDFC unveils Fixed Maturity Plans - Series XII

The New Fund Offer of HDFC FMP 13M March 2010, under HDFC Fixed Maturity Plans - Series XII, a close ended open scheme, will open for subscription on 02 March 2010 and close on 10 March 2010.

The objective of the scheme will be to generate income through investments in Debt/Money market and Government securities maturing on or before the maturity date of the respective plans.

The scheme will allocate 60-100% in Debt and Money market instruments (including securitized debt up to 75 of the net asset of the plan) and 0-40% in government securities.

The units of HDFC FMP 13M March 2010 will be listed on NSE.

Source: http://profit.ndtv.com/2010/02/26110201/HDFC-unveils-Fixed-Maturity-Pl.html

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