IDBI Mutual Fund launches IDBI Healthcare Fund

NFO period: 08^th February – 22^nd February, 2019

Highlights of the NFO:

• Scheme type – An open-ended equity scheme investing in Healthcare and Allied sectors


• Investment objective – The objective of the scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies engaged in Healthcare and Allied sectors. However there can be no assurance that the investment objective under the scheme will be realized.


• Product suitability – This product is suitable for investors who are seeking long term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in Healthcare & Allied Sectors.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Dividend Option.


• Fund Managers – Ms. Uma Venkatraman


• Benchmark – S&P BSE Healthcare - Total Return Index (TRI)