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