Monday, June 30, 2008

IDFC MF Extends NFO Period Of IDFC:FMP:QS30 - June 30, 2008

IDFC Mutual Fund has decided to extend the New Fund Offer (NFO) of IDFC Fixed Maturity Plan-Quarterly Series 30 (IDFC-FMP-QS30).

The fund will now close for subscription on 2 July 2008 (instead of 30 June 2008).

Consequently, the maturity date of the scheme has also been revised to 30 September 2008. IDFC-FMP-QS30 is a close ended income scheme.

The objective of the scheme is to seek to generate income by investing in a portfolio of debt and money market instruments.

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