IDFC Nifty200 Momentum 30 Index Fund

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 FundIDFC Mutual Fund
Scheme NameIDFC Nifty200 Momentum 30 Index Fund
About SchemeAn open-ended scheme tracking Nifty200 Momentum 30 Index
Offer of Unit Rs.10
Objectiveto  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 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  Nifty200 Momentum 30 Index. 
The scheme asset allocation will beSecurities belonging to the Nifty200 Momentum 30 Index (95-100%)
Debt & Money Market instruments (0-5%)
RiskometerVery High
DRHPClick here

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