HDFC MF announces changes in SID under various schemes

Published on Fri, Jan 06, 2012 at 14:38 |  Source : Moneycontrol.com

Updated at Fri, Jan 06, 2012 at 14:44  

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HDFC MF announces changes in SID under various schemes

HDFC Mutual Fund has announced change in minimum amount for purchase/ redemption / switches under HDFC Floating Rate Income Fund - Short Term Plan, HDFC Cash Management
Fund - Treasury Advantage Plan, Savings Plan and Call Plan and HDFC Liquid Fund with effect from January 12, 2012.

The changes are as below

Revised Minimum Purchase amount: Rs 10000 and any amount thereafter

Additional purchase (including switch-in): Rs 5000 and any amount thereafter

Minimum Redemption Amount: Rs 5000 or 500 units for the following schemes

HDFC Floating Rate Income Fund - Short Term Plan - Retail Option - Daily Dividend OptionHDFC Cash Management Fund - Treasury Advantage Plan - Retail Plan - Daily Dividend Option, HDFC Cash Management Fund - Call Plan - Growth and Dividend Option, HDFC Cash Management Fund - Savings Plan - Dividend Option


The Additional Purchase for the HDFC Cash Management Fund - Savings Plan - Growth Option will be Rs 5000 and any other amount. No changes in Purchase and Redemption made in this scheme

  

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