IDFC Mutual Fund new issue closes on 9th March
IDFC Mutual Fund has launched IDFC Fixed Maturity Plan-100 Days Series 2, a close-ended income scheme.
The investment objective is to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme. The tenure of the plan is 100 days.
The new issue closes on 9th March. The minimum investment amount is Rs10,000.
CRISIL Composite Bond Fund Index is the benchmark index. Anupam Joshi is the fund manager.
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