IDFC Mutual Fund launches IDFC Fixed Term Plan: Series 199

NFO period: 28^th February – 08^th March, 2023

Highlights of the NFO:

• Scheme type – Close-ended debt scheme with tenure 2233 days with Relatively High Interest rate risk and Relatively Low Credit Risk


• 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 long 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 Growth Option and Income Distribution cum capital withdrawal Option.


• Fund Managers – Mr. Gautam Kaul


• Benchmark – CRISIL Medium to Long Duration Fund AIII index


• Maturity – 2233 days from the date of allotment