IDFC Nifty Midcap 100 Index Fund

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 FundIDFC Mutual Fund
Scheme NameIDFC Nifty Midcap 100 Index Fund
About SchemeAn open-ended scheme tracking Nifty Midcap 100 Index
Offer of Unit Rs.10
Objectiveis 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 ManagerMr. 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 beSecurities belonging  to  the  Nifty  Midcap  100  Index (95-100%)
Debt & Money Market instruments (0-5%)
RiskometerVery High
DRHPClick here

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