HDFC Mutual Fund has rolled out two new fixed-maturity plans (FMPs), MoneyGuru India reports. The HDFC FMP 13M September 2011 and the HDFC FMP 92D September 2011 have been launched under closed-end income scheme HDFC Fixed Maturity Plans – Series XVIII. The new plans, to be managed by Bharat Pareek, will offer growth and dividend options and invest 60% to 100% of assets in debt and money market instruments with low- to medium-risk profile. The schemes, listed on the National Stock Exchange, will track the performance of the CRISIL Short Term Bond Fund Index.
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