HDFC Mutual Fund has revised maximum investment amount under its scheme, HDFC Short Term Plan. As per the revision, maximum application amount will be Rs 10 crore. The changes will be effective from 23rd July, 2010. HDFC Short Term Plan is an open ended income scheme with investment objective to generate regular income through investment in debt securities and money market instruments. The scheme is managed Mr. Anil Bamboli and Mr. Anand Laddha and is benchmarked against CRISIL Short-Term Bond Fund Index.
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