Latest Indian Mutual Fund News | 09-Jan-2013

GENERAL

1.HDFC MF announces maturity of HDFC FMP 370D January 2012 (2).

HDFC Mutual Fund has announced that the Record Date for the purpose of determining the eligible unit holders/beneficial owners holding units (in demat form) of HDFC FMP 370D January 2012 (2)-HDFC Fixed Maturity Plans-Series XIX, a closed-ended income scheme, who would be entitled to the maturity/redemption proceeds on the maturity/final redemption date shall be 11 January 2013. The maturity/final redemption date of the scheme is on 14 January 2013 or the immediately following business day, if such day is not a business day.

News Source – NAVINDIA

 



NEW FUND LAUNCH

2.DSP BlackRock Mutual Fund Launches DSP BlackRock Dual Advantage Fund – Series 11 – 36M

DSP BlackRock Mutual Fund has launched a new fund named as DSP BlackRock Dual Advantage Fund � Series 11 � 36M, a close-ended income scheme. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 7 January and closes subscription on 21 January 2013. The scheme will mature on 5 January 2016.

News Source – NAVINDIA

Rate this post






+Admin


Leave a Reply

Your email address will not be published. Required fields are marked *