IDFC Mutual Fund launches IDFC Midcap Fund

NFO period: 28^th July – 11^th August, 2022

Highlights of the NFO:

• Scheme type – An open ended equity scheme predominantly investing in mid cap stocks


• Investment objective – The Fund seeks to generate long term capital appreciation by investing predominantly in equities and equity linked securities of mid cap segment. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised.


• Product suitability – This product is suitable for investors who are seeking to create wealth over a long term by investing in a portfolio of equity and equity related securities of midcap companies.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan & Direct Plan having Growth Option and Income Distribution cum capital withdrawal Option.


• Fund Managers – Mr. Sachin Relekar (equity portion) and Mr. Harshal Joshi (debt portion)


• Benchmark – S&P BSE 150 Midcap Index