HDFC Mutual Fund has announced merger of a number of options
Apr 10 2019
News Category: AMC Specific Updates
HDFC Mutual Fund has announced merger of a number of options. Accordingly, HDFC Floating Rate Debt Fund - Retail Option will be merged with HDFC Floating Rate Debt Fund - Wholesale Option. HDFC Liquid Fund – Premium Plan will be merged with HDFC Liquid Fund and HDFC Low Duration Fund - Wholesale Option shall be merged with HDFC Low Duration Fund - Retail Option. Post-merger, the merged options, namely HDFC Floating Rate Debt Fund - Wholesale Option and HDFC Low Duration Fund - Retail Option shall be renamed as HDFC Floating Rate Debt Fund and HDFC Low Duration Fund. The merger shall be effective from close of business hours of May 10, 2019.