Taurus mutual fund has come up with New fund offer of fund related to banking & financial services.Primary details of NFO are as follows: Scheme Objective: Capital appreciation through a portfolio that invests predominantly in equity and equity related instruments of banking,financial and non-banking financial companies that form a part of BFSI sector. NFO Period:…
Revision Of HDFC Deposit Rates From 3rd May 2012:
HDFC has revised deposit interest rates with effect from 3rd May 2012. HDFC has reduced deposit rates from 10% to 9.75% for general public for their platinum deposits,cumulative option. Revised Platinum Deposit Rates: Deposit Period Monthly Income Plan Quarterly Income Plan Half-Yearly Income Plan Annual Income Plan Cumulative 15 Months 9.4 9.45 9.55 NA 9.75…
Few Operational Updates In Mutual Funds:
Mutual funds will undergo few operational changes and they will be mostly of the nature of risk mitigation,fraud avoidance and any other operational risk with the view to protect the interest of the investors. Unit holders of HDFC mutual funds have received email in this regard and few important points notified are as follows.These changes…