IDFC Mutual Fund unveils one month fixed maturity plan
Moneylife Digital Team 07 March 2011

IDFC Mutual Fund new issue closes on 9th March

IDFC Mutual Fund has launched IDFC Fixed Maturity Plan-Monthly Series 28, a close-ended income scheme.

The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme. The tenor of the scheme is one month.

The new issue closes on 9th March. The minimum investment amount is Rs10,000.

CRISIL Liquid Fund Index is the benchmark index. Anupam Joshi is the fund manager.

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