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IDFC Mutual Fund launches IDFC Fixed Term Plan Series 177

by News Team | Mutual Fund

NFO period: 07th March - 12th March, 2019

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 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

  • Benchmark - Crisil Composite Bond Fund Index

  • Maturity period - 1160 days from the date of allotment

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