IDFC Mutual Fund launches IDFC Interval Fund Series 17
by
NEWS TEAM | on Mar 19, 2021
NFO period: 19th March – 24th March, 2021
Highlights of the NFO:
Scheme type – A Debt Oriented Interval Fund
Investment objective – The scheme seeks to generate returns from investments in Debt and Money Market instruments maturing on or before the opening of the immediately following Specified Transaction Period. However, 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 (Payout facility only) & Growth Option.