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IDFC Fixed Maturity Plan
By IDFC MF launches IDFC Fixed Maturity Plan
Wednesday, November 3, 2010
     

Bangalore: IDFC Mutual Fund has launched its IDFC Fixed Maturity Plan, a close-ended income scheme which is available from September 3 to September 7. The minimum investment of the scheme will be 10,000.

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. There is no assurance or guarantee that the objectives of the scheme will be realized normally in line with the duration of the scheme.

There can be no assurance that the investment objective of the scheme will be realized. The scheme will not charge any entry and exit load and will be managed by Anupam Joshi.