IDFC Mutual Fund has announced that Kenneth Andrade shall be the fund manager of IDFC Taxsaver (ELSS) Fund as well as IDFC Tax Advantage (ELSS) Fund with immediate effect. IDFC Tax Saver (ELSS) Fund is a close ended equity linked saving scheme (ELSS) with an investment objective to seek to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.
However, IDFC Tax Advantage (ELSS) Fund is an open ended equity linked saving scheme (ELSS) and the investment objective of the scheme is to seek to generate long-term capital growth from a diversified portfolio of predominantly equity and equity related securities.
However, IDFC Tax Advantage (ELSS) Fund is an open ended equity linked saving scheme (ELSS) and the investment objective of the scheme is to seek to generate long-term capital growth from a diversified portfolio of predominantly equity and equity related securities.
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