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News IDFC Mutual Fund launches IDFC Midcap Fund
Jul 28, 2022
Mutual Fund
IDFC Mutual Fund launches IDFC Midcap Fund
NFO period: 28th July - 11th 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
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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