Are all growth schemes equity oriented?
This query is : Resolved
01 June 2017
Are all growth schemes equity oriented schemes?
The hdfc fmp 1166D shows objective as to generate income through investments in Debt / Money Market Instruments and Government Securities maturing on or before the maturity date of the respective Plan(s).
However, in my statement it shows as 'Gr'.
So, is it a equity or debt scheme?
The hdfc fmp 1166D shows objective as to generate income through investments in Debt / Money Market Instruments and Government Securities maturing on or before the maturity date of the respective Plan(s).
However, in my statement it shows as 'Gr'.
So, is it a equity or debt scheme?
Amol S Joglekar
(Expert)
12 July 2017
you need to get it clarified from HDFC.
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