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Friday, July 17, 2015

IDFC Fixed Term Plan – Series 23 Announces Rollover

The scheme shall now mature on 27 July 2016 

IDFC Mutual Fund has announced rollover of IDFC Fixed Term Plan – Series 23, a close ended income scheme which is due for maturity on 28 July 2015. 

The features of the proposed rollover are as follows: 

Period of extension: 365 days. 

Extended Maturity date: 27 July 2016. 

Asset allocation post rollover: 

The scheme would invest upto 100% of assets in debt & money market instruments with low to medium risk profile. 

Fund manager: Harshal Joshi. 

Minimum Corpus: 10 crore. 
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