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IDFC Mutual Fund launches IDFC Crisil IBX Gilt April 2032 Index Fund

NFO period: 06th February - 14th February, 2023

Highlights of the NFO:

  • Scheme type - An open-ended Target Maturity Index Fund investing in constituents of Crisil IBX Gilt Index - April 2032 with Relatively High interest rate risk and Relatively Low Credit Risk

  • Investment objective - The investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the Crisil IBX Gilt Index - April 2032 before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking income over the target maturity period by investing in constituents of Crisil IBX Gilt Index - April 2032.

  • Minimum Application Amount - First investment is Rs. 1,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available - Regular Plan & Direct Plan having Growth Option and Income Distribution cum capital withdrawal Option (Payout of Income Distribution cum capital withdrawal option, Reinvestment of Income Distribution cum capital withdrawal Option and Transfer of Income Distribution cum capital withdrawal option).

  • Fund Managers - Mr. Gautam Kaul

  • Benchmark - Crisil IBX Gilt Index - April 2032

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)