Fact Sheet for the month of Sep-08 - HDFC Mutual Fund

hdfc-fos.qxd 10/13/2008 12:07 PM Page 7Features of our following schemesNature of SchemeHDFC Floating Rate Income FundOpen-ended Income Scheme.HDFC Gilt FundOpen-ended Income Scheme.Investment ObjectiveTo generate regular income through investment in a portfolio comprising substantially of floatingrate debt / money market instruments, fixed rate debt / money market instruments swapped forfloating rate returns and fixed rate debt securities and money market instruments.To generate credit risk-free returns through investmentsin sovereign securities issued by the CentralGovernment and / or a State Government.Fund ManagerInception Date(Date of Allotment)Entry / Sales Load(Non-SIP / STP)Shobhit Mehrotra (since Feb 16, 04)January 16, 2003Short Term Plan & Long Term Plan: Direct Applications & Applications routed through anyAgent/Distributor/Broker: NilAnil Bamboli (since Sep 1, 2007)July 25, 2001Direct Applications & Applications routed through anyAgent/Distributor/Broker: NilExit Load(Non-SIP / STP)InvestmentPlan / OptionsShort Term Plan : NilLong Term Plan : In respect of each purchase / switch-in of units, upto and includingNilRs. 10 lakhs in value, an Exit Load of 0.50% is payable if units are redeemed / switched-outwithin 6 months from the date of allotment.In respect of each purchase / switch-in of units greater than Rs. 10 lakhs in value, an Exit Load of1% is payable if units are redeemed / switched-out within 6 months from the date of allotment.No Entry/Exit Load shall be levied on bonus units and units allotted on dividend reinvestment.Short Term Plan : For investors who wish to invest for short time period.Long Term Plan : For investors who wish to invest for relatively longer time period.Short Term Plan - Wholesale & Retail Option : Growth and Dividend Option. The Dividend Optionoffers Daily Dividend Option (with Reinvestment facility only) and Weekly and Monthly DividendOption (with payout and Reinvestment facility).Long Term Plan : Growth and Dividend Option. The Dividend Option offers Reinvestmentfacility only.Short Term Plan : For investors who wish toinvest for short time period.Long Term Plan : For investors who wish to invest forrelatively longer time period.Each Plan offers Growth and Dividend Options.The Dividend Option offers Dividend Payout andReinvestment facility.MinimumApplication AmountShort Term Plan - Retail Option : (Growth Option, Weekly Dividend Option &Monthly Dividend Option)Purchase : Rs 5,000 and any amount thereafter.Additional Purchase : Rs 1,000 and any amount thereafter.(Daily Dividend Option)Purchase / Additional Purchase : Rs 1 lakh and any amount thereafter.Short Term Plan - Wholesale Option : (Growth Option, Daily Dividend Option,Weekly Dividend Option & Monthly Dividend Option)Under each option : Purchase : Rs 1 crore and any amount thereafter.Additional Purchase : Re 1 and and any amount thereafter.Long Term Plan : For Purchase :Rs. 5,000 and any amount thereafter.Additional Purchase : Rs. 1,000 and any amount thereafter.(Under each Plan / Option)Purchase :Rs. 5,000 and any amount thereafter.Additional Purchase :Rs. 1,000 and any amount thereafter.Lock-in PeriodNet Asset Value(NAV)RedemptionProceedsNilEvery Business DayNormally despatched within 3 Business Days.NilEvery Business DayNormally despatched within 3 Business Days.Investors are advised to consult their tax advisors with respect to the tax consequences of the purchase, ownership and disposal of mutual fund units.Tax Benefits / Consequences : Income distributed by the Scheme(s) will be exempt from Income-tax in the hands of investors. Distribution tax in case of Scheme(s) other than equity-oriented funds shall bepayable by the mutual fund at the rate of 14.1625% (including surcharge @10%, education cess @2% and secondary and higher education cess @1%) on income distributed to an individual/HUF and atthe rate of 22.66% (including surcharge @10%, education cess @2% and secondary and higher education cess @1%) on income distributed to any other investor. In case of income distributed by LiquidFunds and Money Market Mutual Funds, Dividend Distribution Tax is payable by the Mutual Fund @28.325% (including surcharge @10%, education cess @2% and secondary and higher education cess@1%). Units of the Scheme(s) are not subject to Wealth-tax and Gift-tax. Unit holders are required to pay Securities Transaction Tax (STT) at the rate of 0.25% at the time of redemption / switch-out of unitsof an equity-oriented fund.Investors should be aware that the fiscal rules / tax laws may change and there can be no guarantee that the current tax position may continue indefinitely. In view of individual nature of tax consequences,each investor is advised to consult his / her own professional tax advisor.Fund Manager Total ExperiencePrashant JainOver 16 yearsShobhit MehrotraOver 15 yearsAnil BamboliOver 13 yearsVinay KulkarniOver 16 yearsChirag SetalvadOver 11 yearsSrinivas Rao Ravuri Over 12 yearsAkashdeep SarpalOver 13 yearsBharat PareekOver 6 yearsIntouchmutually September 2008 9