IDFC Mutual Fund launches IDFC Fixed Term Plan Series 156

Mutual Fund
Jul 9, 2018 by Advisorkhoj Team | Mutual Fund | 3 Downloaded

NFO period: 09th July – 11th July, 2018

Highlights of the NFO:

  • Scheme type – A close ended debt scheme

  • Investment objective – The scheme seeks to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of each series(s) under the scheme. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realized.

  • Product suitability – This product is suitable for investors who are seeking regular fixed income over medium term by investing in debt/money market instruments.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 10/- thereafter

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

  • Fund Managers – Mr. Anurag Mittal and Mr. Viraj Kulkarni

  • Benchmark – Crisil Composite Bond Fund Index

  • Maturity period – 1103 days from the date of allotment

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

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