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,
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