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Tuesday, May 05, 2015

IDFC MF Announces Rollover Under IDFC Fixed Term Plan – Series 57 & Series 93

IDFC Mutual Fund has announced rollover under the following schemes, which are due for maturity on 14 May 2015. 

The features of the proposed rollover are as follows: 

IDFC Fixed Term Plan – Series 57:
Period of rollover: 594 days.
Date of maturity for rollover: 28 December 2016. 

IDFC Fixed Term Plan – Series 93:
Period of rollover: 732 days.
Date of maturity for rollover: 15 May 2017. 

Fund manager: Anupam Joshi. 

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. 

Minimum Corpus: 10 crore. 
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