Warm Greeting To Our Readers!!


“HDFC AMC launches HDFC FMP 1876D March 2022 NFO. The fund is open for subscription between March 23, 2022, to March 28, 2022!!”

Read below for more details about the NFO!                

Basic Details About The New Fund Offer!!

  • Fund Name- HDFC FMP 1876D March 2022.
  • Type- A close-ended Income Fund.
  • Subscription open date- 23rd March 2022
  • Subscription close date- 28th March 2022
  • Minimum Amount for Application during NFO- Rs. 5,000 and in multiples of Re. 1/- thereafter
  • Plans- Fund avails both Regular and Direct plans.
  • Options Available- Fund avails both, Growth and IDCW (Income Distribution cum Capital Withdrawal) options.

Benchmark Index Trends!!

Below we have explained eth trends of the benchmark index, the fund will be following:

Plan Tenure --- Name of Benchmark Index

  • Up to 91 days ----- CRISIL Liquid Fund Index
  • 92 days to 180 days ----- CRISIL Ultra Short Term Debt Index
  • 181 days to 365 days ----- Low Duration Debt Index
  • 12 months to 36 months ------ CRISIL Short Term Bond Fund Index
  • 36 months to 48 months ----- NIFTY Medium Duration Debt Index
  • 48 months to 84 months ----- NIFTY Medium To Long Duration Debt Index
  • 84 months to 132 months ----- NIFTY Long Duration Debt Index

Investment Objective!!

The HDFC FMP 1876D March 2022 NFO is a close-ended income scheme with a tenure of 1876 days, with a relatively high-interest rate risk and relatively low credit risk.

The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the Nifty G-Sec Jun 2027 Index before expenses, subject to tracking errors.

Exit Load And Entry Load Trends!!

The NFO does not charge any entry load nor does it charges any exit load.

Fund Managers Of The NFO!!

The fund manager appointed to manage the new NFO is Mr. Vikas Agrawal.

Mr. Vikas Agrawal has 10 years of work experience in the fixed income market and has worked with debt-broking companies in the area of debt capital markets (DCM). In his earlier assignments, he was responsible for trading, origination, and placement of short-term/long-term debt products. He was associated with the AMC since June 2007 as a Debt Dealer.

Who Should Invest In This NFO?

The product is suitable for investors who are seeking

  • Regular income over 1876 days (tenure of the plan)
  • Investment in debt and money market instruments and government securities

Note: Investors should consult their financial advisers if in doubt about whether the product is suitable for them or you can also get in touch with our executives for more suggestions. 

Keep reading our article and stay updated with the latest news about Mutual Funds!

For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.

Happy Investing!

(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).