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IDFC MF launches IDFC Fixed Maturity Plan

Monday, 27 September 2010, 19:24 IST
By SiliconIndia
Bangalore: IDFC Mutual Fund has launched its IDFC Fixed Maturity Plan, a closed ended debt scheme which is available from September 27 to September 28. The minimum investment of the scheme will be Rs.10,000.

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 the scheme. There is no assurance or guarantee that the objectives of the scheme will be realized normally in line with the duration of the scheme. There can be no assurance that the investment objective of the Scheme will be realized.

The incremental investment of the scheme is Rs.10 and the schemeThe scheme will not charge any entry and exit load and will be managed by Anupam Joshi.
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