HDFC Asset Management Co Ltd will launch a close-ended debt fund on September
HDFC FMP 18M September 2007, will be open for subscription till October 8.
will invest at least 60 per cent of the assets in debt and money market instruments
and the rest in government securities, the fund house said.
fund will not charge any entry load but levy an exit load of 2 per cent for redemptions
before maturity. It can levy initial issue expenses of up to 2 per cent of the
also see : General
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