HDFC Mutual Fund launches HDFC Charity Fund for Cancer Cure (A Fixed Maturity Plan)

NFO period: 28^th July – 08^th August, 2023

Highlights of the NFO:

• Scheme type – A Close Ended Income Scheme with Tenure 1196 Days. A Relatively High Interest Rate Risk and Relatively Low Credit Risk


• Investment objective – To generate income through investments in Debt / Money Market Instruments and Government Securities maturing on or before the maturity date of the scheme. There is no assurance that the investment objective of the scheme will be realized.


• Product suitability – The product is suitable for investors who are seeking regular income over 1196 days (tenure of the Scheme) by investing in debt and money market instruments and government securities.


• Minimum Application Amount – First investment is Rs. 50,000 and in multiple of Rs.1,000 thereafter


• Plan/ Options available – Regular Plan and Direct Plan, Both Plans offer only Payout of Income Distribution cum Capital Withdrawal (IDCW) Option with the following sub - options: 50% IDCW Donation Option (default) 75% IDCW Donation Option.


• Fund Managers – Mr. Anil Bamboli, Mr. Dhruv Muchhal


• Benchmark – NIFTY Medium Duration Debt Index


• Fund Managers – 1196 days from the date of allotment