NFO: IDBI Dynamic Bond Fund

| January 30, 2012 | 0 Comments

IDBI Mutual Fund is launching new fund (NFO) in name and style of IDBI Dynamic Bond Fund (an open ended debt fund) on January 31, 2012 to February 14, 2012. The investment objective of the Scheme is to generate income while maintaining liquidity through active management of a portfolio comprising of debt (0% – 100%)  and money market (0% – 100%) instruments, refer KIM.

For any query, email at : aarkay@moneyvriksh.com

Download Application Form

NFO Details

  • Issue Opens: 31- Jan-2012
  • Issue Closes: 14- Feb-2012
  • Scheme reopens:  23-Feb-2012
  • Minimum Investment: Rs. 5,000 and in multiples of Re. 1 thereafter
  • For SIP: Rs. 1,000 and in multiples of Re. 1 thereafter (For Systematic Investment Plan – SIP)
  • Entry Load: Not Applicable
  • Exit Load: 1% if redeemed/switched out within first year,
    : Nil – if redeemed/switched out after one year
  • Benchmark: CRISIL Composite Bond Fund Index
  • Download Application Form
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Category: Blog, Mutual Fund, NFO, NRI

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