IDFC Mutual Fund modifies features of IDFC Government Securities Fund
Apr 03 2018
News Category: AMC Specific Updates
Pursuant to SEBI circular dated Oct 6, 2017, on categorization and rationalization of mutual fund schemes, IDFC Mutual Fund has announced modification of the features of IDFC Government Securities Fund - Investment Plan (G-Sec-IP) and Provident Fund Plan (G-Sec-PF). Accordingly, the provident fund plan of the scheme shall be merged into investment plan of the scheme from the effective date. Post-merger, the asset allocation pattern and investment strategy of investment plan of the scheme shall undergo modification. The changes are effective from May 7.