HDFC Developed World Indexes Fund of Funds

April 1, 2024 . FundsIndia Desk

The Investors are requested to note that HDFC Developed World Indexes Fund of Funds which includes the following,

  1. Subscriptions [including by way of lumpsum, Switch-ins], shall not be accepted in HDFC Developed World Indexes Fund of Funds with effect from March 28, 2024 after cut-off timing i.e. 3.00 p.m.
  2. New Registrations of Systematic Investment Plan (SIP) / Systematic Transfer Plan (STP) / Transfer of IDCW Plan (TIP), etc. shall not be accepted in the Scheme w.e.f. April 1, 2024.
  3. Existing installments of Systematic Transactions such as SIP/ STP/ TIP etc. into the Scheme shall be paused w.e.f. April 1, 2024;
  4. Redemptions, Switch-out, Registration of fresh Systematic Withdrawal Plan (SWAP), Existing installments of SWAP, and STP-out from the Scheme, shall continue to be processed.
  5. Intra-Scheme switches (viz. Regular Plan to Direct Plan and vice versa) and Intra- Plan switches (viz. Growth Option to IDCW Option and vice versa) shall continue to be accepted.

For more details, read the addendum.

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