The scheme shall mature on 29 November 2016
IDFC Mutual Fund has announced rollover of IDFC Fixed Term Plan – Series 49, a close ended income scheme which is due for maturity on 01 December 2014.
The features of the proposed rollover are as follows:
Period of rollover: 729 days.
Date of Maturity for rollover: 29 November 2016.
Asset allocation post rollover:
The scheme would invest upto 30% of assets in money market instruments (including CBLO) with low to medium risk profile and invest 70%-100% of assets in debt securities with medium to high risk profile.
IDFC Mutual Fund has announced rollover of IDFC Fixed Term Plan – Series 49, a close ended income scheme which is due for maturity on 01 December 2014.
The features of the proposed rollover are as follows:
Period of rollover: 729 days.
Date of Maturity for rollover: 29 November 2016.
Asset allocation post rollover:
The scheme would invest upto 30% of assets in money market instruments (including CBLO) with low to medium risk profile and invest 70%-100% of assets in debt securities with medium to high risk profile.