03-12-2021 04:53 PM | Source: Accord Fintech
IDFC Mutual Fund introduces Gilt 2027 Index Fund
IDFC Mutual Fund (MF) has launched the IDFC Gilt 2027 Index Fund, an open-ended Target Maturity Index fund investing in constituents of CRISIL Gilt 2027 Index. The NFO opens for subscription on March 12, 2021, and closes on March 19, 2021. The Exit Load is nil for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re. 1 thereafter.
The performance of the Scheme shall be benchmarked against CRISIL Gilt 2027 Index and its fund manager is Anurag Mittal.
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 Gilt 2027 Index before expenses, subject to tracking errors.
Latest News
`Two-thirds of Indian companies striving for better ...
`Two-thirds of Indian companies striving for better ...
India's government lifts ban on onion exports, sets ...
Ola Krutrim opens AI Cloud infrastructure for develo...
Asian Energy Services Limited Q4FY24: Reports signi...
IDBI Bank reports 55% rise in profits on YoY basis
Accumulate Symphony Ltd Target Rs. 1,151 - Geojit Fi...
`Markets can turn volatile in the near term`
India`s Kotak Mahindra Bank beats estimates with 26%...
Coming Week's Market Report from Arvinder Singh Nand...