HDFC Banking and PSU Debt Fund Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was introduced to investors on 26 Mar 2014. Anil Bamboli, Rakesh Vyas is the Current Fund Manager of HDFC Banking and PSU Debt Fund Direct Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹3,285 Cr and the Latest NAV as of 23 Aug 2019 is ₹10.4.
The HDFC Banking and PSU Debt Fund Direct Dividend Weekly is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
To generate regular income through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks and Public Sector undertakings. There is no assurance that the investment objective of the Scheme will be realized.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1
Min for Second Investment