• BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ({{d.PerChg}}%)
Equity | News | Mutual Fund News
Mutual Fund News
IDFC Fixed Term Plan Series - 163 Floats On
(11:12, 06 Dec 2018)
IDFC Mutual Fund has launched a new fund named IDFC Fixed Term Plan Series - 163, a close-ended debt scheme. The tenure of the scheme is 1223 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 10 December 2018 to 11 December 2018.

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.

The scheme offers two options viz. growth and dividend option. Dividend option offers, quarterly, half yearly, periodic dividend options and default option.

The scheme would invest 100% - 80% of its assets in debt securities with medium to high risk profile and upto 20% of assets in money market instruments (including CBLO) with low to medium risk profile.

Minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.

Entry load and exit load charge will be nil for the scheme.

Benchmark Index for the scheme is Crisil Composite Bond Fund Index.

The fund manager of the scheme is Anurag Mittal.

Powered by Capital Market - Live News

SEBI Regn. No: NSE : INB 230643233/TM06432, INE 230643233(CD), INF 230643233 (F&O) BSE : INB 10643238/TM3129, INE 10643238(cd), INF 10643238(F&O)
SEBI Regn. No: MCX/ NCDEX: INZ000028833, NCDEX : NCDEX/TCM/CORP/0460 | MCX : MCX/TCM/CORP/0263 | CDSL : IN-DP-CDSL-266-2004 MCX-SX:INE 260643233/21500(CD)
Investor Grievances Email ID: compliance@dbonline.in & investors@dbonline.in
Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and content powered by C-MOTS Infotech( ISO 9001:2015 certified )
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries