New Open and Close Ended Mutual Funds from IDFC and Sundaram

IDFC Mutual Fund
Scheme Name IDFC ULTRA SHORT TERM FUND
Objective of Scheme The Scheme seeks to offer an investment avenue for short term savings by looking to generate stable returns with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 3 to 6 months.
Scheme Type Open Ended
Scheme Category Debt Scheme – Ultra Short Duration Fund
New Fund Launch Date 06-Jul-2018
New Fund Offer Closure Date 19-Jul-2018
Indicate Load Separately NIL
Min. Subscription Amount Subscription: Rs.100/- and any amount thereafter
For Further Details Please Visit Website www.idfcmf.com

 

Sundaram Mutual Fund
Scheme Name Sundaram Fixed Term Plan IK
Objective of Scheme The objective of the Scheme would be to generate income by investing in debt and money market securities, which mature on or before the maturity of the scheme.
Scheme Type Close Ended
Scheme Category Income
New Fund Launch Date 06-Jul-2018
New Fund Offer Closure Date 10-Jul-2018
Indicate Load Separately Entry Load Nil Exit Load NA
Min. Subscription Amount Rs. 5,000/-
For Further Details Please Visit Website www.sundarammutual.com

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