IDFC Mutual Fund has announced rollover under the following schemes, which are due for maturity on 11 May 2015.
The features of the proposed rollover are as follows:
IDFC Fixed Term Plan – Series 39:
Period of rollover: 506 days.
Date of Maturity for rollover: 28 September 2016.
IDFC Fixed Term Plan – Series 51:
Period of rollover: 597 days.
Date of Maturity for rollover: 28 December 2016.
IDFC Fixed Term Plan – Series 92:
Period of rollover: 735 days.
Date of Maturity for rollover: 15 May 2017.
Asset allocation post rollover of the schemes:
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.
Minimum Corpus: Rs 10 crore.
The features of the proposed rollover are as follows:
IDFC Fixed Term Plan – Series 39:
Period of rollover: 506 days.
Date of Maturity for rollover: 28 September 2016.
IDFC Fixed Term Plan – Series 51:
Period of rollover: 597 days.
Date of Maturity for rollover: 28 December 2016.
IDFC Fixed Term Plan – Series 92:
Period of rollover: 735 days.
Date of Maturity for rollover: 15 May 2017.
Asset allocation post rollover of the schemes:
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.
Minimum Corpus: Rs 10 crore.