HDFC AMC announces introduction of IAF in Overnight Fund

HDFC Asset Management Company (AMC) has announced Addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of HDFC Overnight Fund.

To enable investors to withdraw their money instantly, ‘Instant Access Facility (IAF)’ shall be offered under HDFC Overnight Fund (the Scheme) with effect from August 17, 2022 (Effective Date) in accordance with provisions of Circular no. SEBI/HO/IMD/IMD-IIDOF3/P/CIR/2021/608 dated July 30, 2021 read with SEBI/HO/IMD/DF2/CIR/P/2017/39 dated May 8, 2017 as enclosed.

This addendum shall form an integral part of Scheme Information Document /Key Information Memorandum of the Scheme of the Fund as amended from time to time.