HDFC MF launches 13M and 90D March (2) plans under HDFC FMP -Series VII

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Name of fund: HDFC Fixed Maturity Plan 13 Months March 2008 (2) and HDFC Fixed Maturity Plan 90 Days March 2008 (2).

Scheme: Both the schemes are of close-ended income nature.

Objective: The investment objective of the fund is to generate regular income through investments in debt, money market instruments, and government securities.

Options: Both HDFC Fixed Maturity Plans- 13 Months March and 90 Days March 2008 (2) offers wholesale plan and retail plan with growth and dividend option.

The Minimum Investment Amount:

Under retail Plan: Rs. 5,000 and in multiple of Re. 1 thereafter per application

Under wholesale Plan: Rs. 1 Crore and in multiples of Re. 1 thereafter per application

Asset allocation:

Debt securities and money market instruments: 60-100%

Government securities: 0- 40%

Securitised debt: Up to 75% of net assets of plan

Snapshot

Face value: Rs 10

Offer opens: 12 March 2008

Offer closes: 17 March 2008

Entry load: Nil

Exit load: HDFC Fixed Maturity Plan 13 Months March 2008 (2) would charge an exit load of 2.00% if the units are redeemed or switched out before maturity.

HDFC Fixed Maturity Plan 90 Days March 2008 (2) may charge an 0.75% an exit load if the units are redeemed or switched out before maturity.

Benchmark Index: Crisil Liquid Fund Index

Fund Manager: Mr. Shobhit Mehrotra.

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