MUTUAL FUNDS
IDFC Mutual Fund introduces Fixed Term Plan Series-163 (1223 Days)
Dec-10-2018

IDFC Mutual Fund has launched the IDFC Fixed Term Plan Series-163 (1223 Days), a close ended debt scheme. The NFO opens for subscription on December 10, 2018 and closes on December 11, 2018. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and multiples of Rs 10 thereafter.

The scheme’s performance will be benchmarked against Crisil Composite Bond Fund Index and its fund manager is Anurag Mittal.

The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme.

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