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Thursday, June 04, 2015

IDFC Fixed Term Plan – Series 99 Announces Rollover

The scheme shall mature on 31 July 2017 

IDFC Mutual Fund has announced rollover of IDFC Fixed Term Plan – Series 99, a close ended income scheme which is due for maturity on 15 June 2015. 

The features of the proposed rollover are as follows: 

Period of rollover: 777 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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