MLD for HDFC Bank (Opening on March 15 ‘24)
Ideal opportunity for investors who have a positive view on HDFC Bank share price over the next 15 months.
- MLD Type: Principal Protected, Secured, Non-listed.
- If HDFC Bank share price gives any return in the range 0%-15% at the end of 15 months, then the product will provide 1.75 times of that return. (e.g. if HDFC return is 8%, then product return will be 8*1.75 = 14%. Return Scenario provided in product note)
- If HDFC Bank share price gives a return more than 15%, then the product return is fixed at 26.25%.
- Principal is protected if HDFC Bank share gives any negative return
- Maximum absolute return of 26.25% (19.75% CAGR)
- Starting and Closing HDFC Bank share price will be noted on 15th March 2024 & 26th June 2025 for calculating product return. These levels and dates will be fixed for all investors.
- Redemption date – 30/06/2025.
Register below for:
1/ Brief video explanation of the concept of MLD
2/ Access the exact Product Note for the above
3/ Access our Booklet on the Concept of MLD
4/ Our Charter