• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Realasset Realasset
moneycontrol.com

Home » News » Mutual Funds » MF News

Dec 26, 2012, 02.16 PM | Source: Moneycontrol.com

IDBI Gilt Fund NFO collects over Rs 120 crores

IDBI Mutual Fund has collected over Rs 120 crores through the New Fund Offer (NFO) of IDBI Gilt Fund..

Like this story, share it with millions of investors on M3

IDBI Gilt Fund NFO collects over Rs 120 crores

IDBI Mutual Fund has collected over Rs 120 crores through the New Fund Offer (NFO) of IDBI Gilt Fund..

Post Your Comments

Share Cancel

IDBI Gilt Fund, the New Fund Offer (NFO), launched by IDBI Asset Management Ltd has received an overwhelming response from investors in 75 centres. The NFO collected over Rs 120 crores.

Commenting on the success of IDBI Gilt Fund, Mr. Debasish Mallick, Managing Director and Chief Executive Officer, IDBI Asset Management Ltd, said: “We at IDBI Mutual fund are very happy to have received an overwhelming response to our latest offering, IDBI Gilt Fund, from across the country.  Investors have again reposed faith and trust in us. This instills confidence in IDBI Mutual Fund in its endeavour to present meaningful investment opportunities as a trusted and responsible partner.”

IDBI Gilt Fund is designed with the purpose to provide regular income to investors along with opportunities for capital appreciation through investments in a diversified basket of central government dated securities, state government securities, treasury bills and similar other instruments issued by Central and State Governments. It is also an approved investment option for exempt Provident Funds, Super-annuation Funds, Gratuity Funds and New Pension Scheme.

The IDBI Gilt Fund NFO closed on December 17, 2012. The scheme will re-open for continuous sale and repurchase at NAV related prices from December 27, 2012.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
IDBI Gilt Fund NFO collects over Rs 120 crores

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login