IDFC Mutual Fund launches IDFC Fixed Term Plan Series 140
by
NEWS TEAM | on Mar 5, 2018
NFO period: 05th March – 07th March, 2018
Highlights of the NFO:
Scheme type – A close ended debt scheme
Investment objective – The investment objective of the scheme is to seek 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.