IDFC Mutual Fund Modifies Investment Strategy
Mar 14 2017
News Category: AMC Specific Updates
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IDFC Mutual Fund has modified the investment strategy of IDFC Equity Fund, with effect from Apr 18, 2017. Accordingly, the scheme seeks to generate capital appreciation from a portfolio of predominantly equity and equity-related instruments (including equity derivatives). The scheme may also invest in debt and money market instruments to generate reasonable income. The scheme will generate capital growth by predominantly investing in large-cap stocks having a market capitalisation equal to or above the 100th stock in the S&P BSE 100 index. This will form at least 80% of the equity corpus of the scheme.

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