IDFC Mutual Fund launches IDFC Fixed Term Plan: Series 196

NFO period: 15^th March - 21^st March, 2022

Highlights of the NFO:

• Scheme type - Close-ended debt scheme with tenure of 365 days with Relatively Low Interest rate risk and Relatively Low Credit Risk


• 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 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 short 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 Growth Option and Income Distribution cum capital withdrawal Option.


• Fund Managers - Mr. Harshal Joshi


• Benchmark - Nifty Low Duration Debt Index


• Maturity - 365 days from the date of allotment