HDFC announces introduction of HDFC FLEXINDEX Plan

HDFC Mutual Fund has introduced HDFC FLEXINDEX Plan under its debt /
liquid schemes.

The introduced plan will provide a facility to unit holders under the
debt / liquid schemes of the HDFC Mutual Fund (Source Schemes) to
automatically transfer a portion of their investment into equity
schemes of HDFC Mutual Fund (Target Schemes) on the trigger dates
occurring during the period of 1 year from the date of registration.

Unit holders of the Source Scheme(s) have to set triggers based on the
index reaching or crossing of a closing level, as specified by the
unit holder. The plan offers Flexible Investment option and Fixed
Investment option. Under Flexible installment option minimum of 10%
and in multiples of 1% thereafter is to be indicated against each
index level trigger and under Fixed Installment option, a fixed
installment of 25% against each Index level trigger is to be
indicated.

The move will be effective from February 25, 2009.

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