Mumbai: IDFC Mutual Fund has launched IDFC Infrastructure Fund an open ended Equity scheme.
NFO Period: February 14, 2010 to February 28, 2011
Investment Objective: The scheme is to generate long-term capital growth through an active diversified portfolio of predominantly equity and equity related instruments of companies that are participating in and benefiting from growth in Indian infrastructure and infrastructural related activities.
Asset Allocation: The scheme aims to invest 80-100 per cent of asset in equities & equity related securities in companies engaged in infrastructural and infrastructural related activities with high risk profile. It would further allocate upto 20 per cent of asset in debt & money market instruments with low to medium risk profile