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HDFC Short-term Plan Collects Rs 312.41 Crore

HDFC Short-term Plan has collected Rs 312.41 crore during its initial offer period, which closed on February 25, 2002. The Plan is open for ongoing sale and repurchase from March 05, 2002. The NAV for March 04, 2002 was Rs 10.014.

HDFC is the second largest private sector mutual fund in India with Rs 4620.22 crore of assets under management, as on February 28, 2002. It currently manages 8 open-end funds (2 equity & 6 debt funds) and 2 close-end funds.