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HDFC MF withdraws 'Anytime Cheques' Facility under its Debt Schemes

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HDFC Mututal Fund has notified that the 'Anytime Cheques' facility offered under its schemes shall stand withdrawn with effect from February 02, 2009. Further, in respect of the existing investors under this facility, no new cheques will be issued w.e.f. February 02, 2009, and cheques already issued can be used for redemptions only upto February 27, 2009. After this, all unutilised cheques will stand cancelled.