Fund News

HDFC Infrastructure Fund turns Open-Ended

HDFC Mutual Fund has announced the conversion of HDFC Infrastructure Fund, a 3 year close-ended equi

HDFC Mutual Fund has announced the conversion of HDFC Infrastructure Fund, a 3 year close-ended equity scheme into an open-ended equity scheme with effect from March 10, 2011.

Subsequent to the conversion to an open ended equity scheme, additional facilities such as Group Systematic Investment Plan, Flex STP, Flexindex Plan, Dividend Transfer Plan shall be introduced under the scheme.

Investors who wish to continue can do so without doing anything. New investment in the scheme will be subject to an exit load of 1 per cent if redeemed within 1 year from the date of allotment.



Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.

Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month