12-07-2021 04:34 PM | Source: Accord Fintech
IDFC Mutual Fund files offer document for SDL Plus Gilt 2026 Index Fund
IDFC Mutual Fund has filed offer document with SEBI to launch an open-ended Target Maturity Index Fund named ‘IDFC SDL Plus Gilt 2026 Index Fund‘. The New Fund Offer price is Rs 10. Entry load and Exit load will be nil. The Scheme offers growth and dividend options for investment.
The performance of the scheme will be benchmarked by CRISIL IBX 90:10 SDL + G-Sec Index - November 2026. The minimum application amount is Rs 5000 per application and in multiples of Re 1 thereafter.
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the CRISIL IBX 90:10 SDL + G-Sec Index - November 2026 before expenses.
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