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HDFC MF launches CPO-I-36M October 2013

The scheme is open for subscription between October 17, 2013 and October 31, 2013

October 21, 2013 3:47 IST | India Infoline News Service
HDFC Mutual Fund today announced the launch of HDFC CPO - I - 36M October 2013, a Plan under HDFC Capital Protection Oriented Fund - Series I, a close-ended capital protection oriented income scheme. The scheme is open for subscription between October 17, 2013 and October 31, 2013. The scheme is focused towards protection of capital.

The objective of the scheme, HDFC Capital Protection Oriented Fund – Series I is to generate returns by investing in a portfolio of debt and money market instruments which mature on or before the date of maturity of the Scheme. The Scheme also seeks to invest a portion of the portfolio in equity and equity related securities to achieve capital appreciation. 
 
The portfolio of the Scheme will be structured in a manner that the debt allocation of the portfolio will lead to orientation towards protection of capital at the time of maturity and equity allocation of the portfolio will provide upside over the face value.
 
The Scheme offers Regular Option and Direct Option. Each Option offers Growth option and Dividend option with Payout facility.
 
The performance of the HDFC Capital Protection Oriented Fund – Series I would be benchmarked against CRISIL MIP Blended Index.
 
Mr. Anil Bamboli (debt portfolio) & Mr. Vinay Kulkarni (equity portfolio) will be the Fund Managers for HDFC Capital Protection Oriented Fund - Series I. Both the fund managers managing large portfolios are associated with HDFC Mutual Fund for several years.


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