Fund News

HDFC MF: New Fund Manager appointed and introduction of SIP facility

hdfc-mf-new-fund-manager-appointed-and-introduction-of-sip-facility

HDFC Mutual Fund has appointed new fund manager of the following schemes.

Scheme NameFund Manager
HDFC Large Cap FundMr. Vinay Kulkarni
HDFC Small & Mid Cap FundMr. Chirag Setalvad
HDFC Inflation Indexed Bond FundMR. Anil Bamboli
HDFC Dynamic PE Ratio Fund of FundsMR. 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.



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