IDFC Mutual Fund has announced the reopening of IDFC Premier Equity Fund, now called the IDFC Multi Cap Fund, for lumpsum investments. The fund, which had a closing AUM of over Rs 53,00 crore as on March 31, 2018, was only allowing investments through a Systematic Investment Plan (SIP).
Launched in September 2005, the fund was a first of its kind in the industry, focused on raising a limited corpus to match investible opportunities available, a pioneering concept in the Indian mutual f ..