IDFC Nifty Mobility Index Fund – IDFC Mutual Fund files offer document with SEBI
IDFC Mutual Fund has filed offer document with SEBI to launch An open-ended scheme tracking Nifty Mobility Index.
The New Fund Offer price is Rs.10 per unit.
The objective of the scheme is is to replicate the Nifty Mobility Index by investing in securities of the Nifty Mobility Index in the same proportion / weightage with an aim to provide returns before expenses that closely correspond to the total return of Nifty Mobility Index
“The fund manager for this scheme is Mr. Nemish Sheth(equity portion)
Mr. Brijesh Shah(debt portion)”
“This product is suitable for investors who are seeking Create wealth over a long term
Investment in equity and equity related instruments belonging to NiftyMobility Index. “
“The scheme asset allocation will be Securities belonging to Nifty Mobility Index (including stock & index derivatives) (95-100%)
Debt Securities and Money Market Instruments (0-5%)”
The riskometer for this scheme is Very High
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| Name of Mutual Fund | IDFC Mutual Fund |
| Scheme Name | IDFC Nifty Mobility Index Fund |
| About Scheme | An open-ended scheme tracking Nifty Mobility Index |
| Offer of Unit | Rs.10 |
| Objective | is to replicate the Nifty Mobility Index by investing in securities of the Nifty Mobility Index in the same proportion / weightage with an aim to provide returns before expenses that closely correspond to the total return of Nifty Mobility Index |
| Name of Fund Manager | Mr. Nemish Sheth(equity portion) Mr. Brijesh Shah(debt portion) |
| This product is suitable for investors who are seeking | Create wealth over a long term Investment in equity and equity related instruments belonging to NiftyMobility Index. |
| The scheme asset allocation will be | Securities belonging to Nifty Mobility Index (including stock & index derivatives) (95-100%) Debt Securities and Money Market Instruments (0-5%) |
| Riskometer | Very High |
| DRHP | Click here |
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