IDFC Mutual Fund has launched the NFO of IDFC Fixed Maturity Plan - 90 Days Series 77, a close ended income scheme.
The NFO opens for subscription on June 4, 2012 and closes on June 5, 2012. No entry load or exit load is applicable for the scheme. The minimum subscription amount is Rs.10, 000 and multiples of Rs. 10.
The Scheme’s performance will be benchmarked against the CRISIL Liquid Fund Index and its fund manager is Anupam Joshi.
The investment objective of the scheme is 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.
Source: Accord Fintech
