IDFC Mutual Fund launches IDFC Fixed Term Plan Series 180

Apr 12, 2019 by News Team

NFO period: 12th April – 15th April, 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 – 1147 days from the date of allotment

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