HDFC Mutual Fund has appointed new fund manager of the following schemes.
|Scheme Name||Fund Manager|
|HDFC Large Cap Fund||Mr. Vinay Kulkarni|
|HDFC Small & Mid Cap Fund||Mr. Chirag Setalvad|
|HDFC Inflation Indexed Bond Fund||MR. Anil Bamboli|
|HDFC Dynamic PE Ratio Fund of Funds||MR. Miten Lathia (Equity) & Mr. Anil Bamboli (Debt)|
The Fund House has introduced SIP facility in all schemes under all plans. Minimum amount per monthly SIP will be ₹500 and Quarterly SIP, it will be ₹1500.
The Fund House also revised minimum redemption amount to ₹1000 or a minimum of 100 units, against the previous ₹1000.
The above mentioned changes will be applicable from June 28, 2014.