IDFC MF has launched the NFO of IDFC FIXED TERM PLAN SERIES - 2, a close ended income scheme.
The NFO opens for subscription on August 16, 2012 and closes on August 22, 2012. No entry load or exit load will be applicable for the scheme.
The minimum subscription amount is Rs. 10000 and multiples of Rs 10.
The scheme’s performance will be benchmarked against CRISIL Short-Term Bond 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 each plans under the scheme. There is no assurance or guarantee that the objectives of the scheme will be realized.
Source : Accord Fintech
