IDFC Mutual Fund launches IDFC Fixed Term Plan Series 176

NFO period: 15^th February – 20^th February, 2019

Highlights of the NFO:

• Scheme type – A close ended debt scheme


• Investment objective – The scheme seeks to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realized.


• Product suitability – This product is suitable for investors who are seeking regular fixed income over medium term by investing in debt/money market instruments.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 10/- thereafter


• Plan/ Options available – Regular Plan & Direct Plan having Dividend Option & Growth Option.


• Fund Managers – Mr. Anurag Mittal


• Benchmark – Crisil Composite Bond Fund Index


• Maturity period – 1170 days from the date of allotment