IDFC Nifty200 Momentum 30 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 Nifty200 Momentum 30 Index.
The New Fund Offer price is Rs.10 per unit.
The objective of the scheme is to replicate the Nifty200 Momentum 30 index by investing in securities of the Nifty200 Momentum 30 Index in the same proportion / weightage with an aim to provide returns before expenses that closely correspond to the total return of Nifty200 Momentum 30 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 Nifty200 Momentum 30 Index. “
“The scheme asset allocation will be Securities belonging to the Nifty200 Momentum 30 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 Nifty200 Momentum 30 Index Fund |
| About Scheme | An open-ended scheme tracking Nifty200 Momentum 30 Index |
| Offer of Unit | Rs.10 |
| Objective | to replicate the Nifty200 Momentum 30 index by investing in securities of the Nifty200 Momentum 30 Index in the same proportion / weightage with an aim to provide returns before expenses that closely correspond to the total return of Nifty200 Momentum 30 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 Nifty200 Momentum 30 Index. |
| The scheme asset allocation will be | Securities belonging to the Nifty200 Momentum 30 Index (95-100%) Debt & Money Market instruments (0-5%) |
| Riskometer | Very High |
| DRHP | Click here |