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IDFC Mutual Fund launches IDFC Midcap Fund

Jul 28, 2022 by News Team

NFO period: 28th July - 11th August, 2022

Highlights of the NFO:

  • Scheme type - An open ended equity scheme predominantly investing in mid cap stocks

  • Investment objective - The Fund seeks to generate long term capital appreciation by investing predominantly in equities and equity linked securities of mid cap segment. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realised.

  • Product suitability - This product is suitable for investors who are seeking to create wealth over a long term by investing in a portfolio of equity and equity related securities of midcap companies.

  • Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available - Regular Plan & Direct Plan having Growth Option and Income Distribution cum capital withdrawal Option.

  • Fund Managers - Mr. Sachin Relekar (equity portion) and Mr. Harshal Joshi (debt portion)

  • Benchmark - S&P BSE 150 Midcap Index

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