IDFC Transportation and Logistics Fund Floats On
Published on Sep 27, 2022 11:52
IDFC Mutual Fund has launched a new fund named as IDFC Transportation and Logistics Fund.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.
Category of Scheme: Equity Scheme - Thematic Fund
The scheme has two plans: regular plan and direct plan.
The Scheme has the following Options: Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option
The minimum application amount is Rs 5000 and in multiples of Re. 1/- thereafter.
The additional application amount is Rs 1000 and any amount thereafter.
Load structure: Entry Load - NIL. Exit Load - If redeemed/switched out within 1 year from the date of allotment - 1% of applicable NAV; If redeemed/switched out after 1 year from the date of allotment - Nil
Benchmark Index for the scheme is Nifty Transportation and Logistics Index
The fund managers of the scheme are Mr. Daylynn Pinto (equity portion), Mr. Harshal Joshi (debt portion) & Ms. Nishita Doshi will be managing overseas investment portion of the scheme.
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