IDFC Mutual Fund launches IDFC Corporate Bond Fund

Mutual Fund
Dec 28, 2015 by Advisorkhoj Team | Mutual Fund | 7 Downloaded

NFO period: 28th December 2015 – 11th 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

( Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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