The scheme shall mature on 28 December 2016
IDFC Mutual Fund has announced rollover of IDFC Fixed Term Plan – Series 48, a close ended income scheme which is due for maturity on 07 May 2015.
The features of the proposed rollover are as follows:
Period of rollover: 601 days.
Date of Maturity for rollover: 28 December 2016.
Asset allocation post rollover:
The scheme would invest upto 30% of assets in debt & money market instruments with low to medium risk profile and invest 70%-100% of assets in debt securities with medium to high risk profile.
Minimum Corpus: 10 crore.
IDFC Mutual Fund has announced rollover of IDFC Fixed Term Plan – Series 48, a close ended income scheme which is due for maturity on 07 May 2015.
The features of the proposed rollover are as follows:
Period of rollover: 601 days.
Date of Maturity for rollover: 28 December 2016.
Asset allocation post rollover:
The scheme would invest upto 30% of assets in debt & money market instruments with low to medium risk profile and invest 70%-100% of assets in debt securities with medium to high risk profile.
Minimum Corpus: 10 crore.