IDFC Mutual Fund launches IDFC Ultra Short Term Fund

Mutual Fund
Jul 6, 2018 by Advisorkhoj Team | Mutual Fund | 6 Downloaded

NFO period: 06th July – 19th July, 2018

Highlights of the NFO:

  • Scheme type – An open-ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 to 6 months

  • Investment objective – The scheme seeks to offer an investment avenue for short term savings by looking to generate stable returns with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 3 to 6 months. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised.

  • Product suitability – This product is suitable for investors who are seeking to generate returns over short-term by investing horizon with a low risk strategy by investing in debt and money market instruments.

  • Minimum Application Amount – First investment is Rs. 100/- and any amount thereafter

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

  • Fund Managers – Mr. Harshal Joshi

  • Benchmark – Crisil Liquid Fund Index

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

Locate IDFC Mutual Fund Advisors in your city
comments powered by Disqus
Feedback
Notification