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Wednesday, May 27, 2015

IDFC Fixed Term Plan – Series 97 Announces Dividend

The scheme shall mature on 31 July 2015 

IDFC Mutual Fund has announced rollover of IDFC Fixed Term Plan – Series 97, a close ended income scheme which is due for maturity on 04 June 2015. 

The features of the proposed rollover are as follows: 
 
Period of rollover: 788 days. 

Date of Maturity for rollover: 31 July 2017. 

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. 

Fund Manager: Anupam Joshi 

Minimum Corpus: 10 crore. 
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