LIVE MARKET TRACKER :   BSE SENSEX        |    NSE NIFTY    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  Mutual Funds  :  IDFC Mutual Fund files offer document for Fixed Term Plan-Series 140 to 145

IDFC Mutual Fund files offer document for Fixed Term Plan-Series 140 to 145 (24-Nov-2017)

IDFC Mutual Fund has filed offer document with SEBI to launch a close ended income scheme as “IDFC Fixed Term Plan -Series 140 to 145”. The New Fund Offer price is Rs 10 per unit. Entry load and Exit Load will be nil for the scheme. The scheme offers Growth & Dividend option and seeks to collect a Minimum Target Amount of Rs 20 crore.

The scheme's performance for Plans having maturity of  up  to  3  months  (from  the  date  of  allotment  including  date  of  allotment) will be benchmarked against Crisil Liquid Fund Index, for Plans having  maturity  of  more  than  3  months  up  to  36  months  (from  the  date  of allotment  including  date  of  allotment)  will be benchmarked against Crisil  Short-Term  Bond Fund  Index and for Plans having maturity of  more  than  36  months  up  to 120 months  (from  the  date  of  allotment  including  date  of allotment) will be benchmarked against Crisil  Composite  Bond  Fund  Index. The minimum application amount is Rs 5,000 and multiples of Rs 10 thereafter.

The investment objective of the scheme is to  generate income  by  investing  in  a  portfolio  of  debt  and  money  market instruments  maturing  on  or  before  the  maturity  of  each  Series(s) under the scheme.



Top News Today
Future Enterprises gets nod to raise funds up to Rs 1,500 crore
(26-May-2018)

Future Enterprises gets nod to raise funds up to Rs 1,500 croreFuture Enterprises has received its board's approval to raise funds by issue of Secured Redeemable Non-Convertible Debentures (NCDs) for a value up to Rs 1,500 crore in one or more tranches within a period......click on news to read complete article.

IFCI recovers Rs 280 crore from Bhushan Steel
(26-May-2018)

IFCI recovers Rs 280 crore from Bhushan SteelIFCI has recovered Rs 280 crore from debt-ridden Bhushan Steel under the insolvency process. The company also received over 5.79 lakh equity shares of Bhushan Steel, having face value of Rs 2 per share.IFCI......click on news to read complete article.

Sun Pharma reports 7% rise in Q4 consolidated net profit
(26-May-2018)

Sun Pharma reports 7% rise in Q4 consolidated net profitSun Pharmaceutical Industries has reported results for the fourth quarter and year ended March 31, 2018.The company has reported a rise of 83.30% in its net profit at Rs 176.26 crore for the quarter ended......click on news to read complete article.

International Stock News
US markets end mostly in red on Friday
(26-May-2018)

US markets end mostly in red on FridayThe US markets ended the choppy day of trade mostly in red terrain as some traders were away from their desks, looking to get a head start on the long Memorial Day weekend. Geopolitical uncertainty also......click on news to read complete article.

US markets end mostly in red on Friday
(26-May-2018)

US markets end mostly in red on FridayThe US markets ended the choppy day of trade mostly in red terrain as some traders were away from their desks, looking to get a head start on the long Memorial Day weekend. Geopolitical uncertainty also......click on news to read complete article.

US markets end lower on Thursday
(25-May-2018)

US markets end lower on ThursdayThe US markets ended in red terrain on Thursday, as geopolitical worries hovered over markets after Trump called off the summit that was set to take place June 12 in Singapore. The cancellation followed......click on news to read complete article.

 

     
  
Recent Mutual Funds News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.