IDFC Mutual Fund launches IDFC Corporate Bond Fund

NFO period: 28^th December 2015 – 11^th January, 2016

Highlights of the NFO:

• Scheme type – Open ended Income Scheme


• Investment objective – The Fund seeks to provide steady income and capital appreciation by investing primarily in corporate debt securities across maturities and ratings. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised.


• Product suitability – The product is suitable for investors who are seeking to generate long term optimal returns by active management by investing in corporate bonds & money market instruments.


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


• Plan/ Options available – Regular Plans and Direct Plans having Dividend Option & Growth Option. Dividend Option under both the Plans further offers Payout, Reinvestment & Sweep facility.


• Fund Managers – Mr. Anurag Mittal


• Benchmark – CRISIL Short Term Bond Fund Index