IDFC Mutual Fund introduces CRISIL IBX 90:10 SDL Plus Gilt - November 2026 Index Fund
IDFC Mutual Fund (MF) has launched IDFC CRISIL IBX 90:10 SDL Plus Gilt - November 2026 Index Fund, an open-ended Target Maturity Index Fund investing in constituents of CRISIL IBX 90:10 SDL plus Gilt Index - November 2026 with Relatively High interest rate risk and Relatively Low Credit Risk. The NFO opens for subscription on November 14, 2022 and closes on November 16, 2022. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked to the performance of CRISIL IBX 90:10 SDL plus Gilt Index - November 2026 and its fund managers are Gautam Kaul and Harshal Josh.
The investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the CRISIL IBX 90:10 SDL plus Gilt Index– November 2026 before expenses, subject to tracking errors.