Insights

Merger of HDFC FMP 1162D March 2022 – Series 46 into HDFC Banking and PSU Debt Fund

April 11, 2025 . Founders of FundsIndia

Dear Investors,
Please note that HDFC FMP 1162D March 2022 – Series 46 will be merged into HDFC Banking and PSU Debt Fund with effect from May 19, 2025 (or the next business day, in case it is a non-business day).

The following key aspects are covered as part of this merger:

  • I. Rationale for Merger
  • II. Requisite Corporate and Regulatory Approvals
  • III. Consent / Exit Option Period for Merger
  • IV. Procedure for Merger:
    • A. For Unitholders of the Merging Scheme
    • B. For Unitholders of the Surviving Scheme
  • V. Expenses related to the Merger – No additional cost will be charged to unit holders.
  • VI. Consequences of Merger
  • VII. Tax Consequences
  • VIII. Unclaimed Redemptions and Dividends

For complete details, kindly refer to the attached official notice,

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

View all fonts in this project