IDFC Mutual Fund has decided to introduce periodic dividend option under IDFC Money Manager Fund - Investment Plan - Plan B. with effect from February 3, 2012.
IDFC Money Manager Fund - Investment Plan - Plan B is an open-ended debt scheme. The objective of the scheme seeks to generate stable returns with low risk strategy by creating a portfolio that is substantially invested in good quality floating rate debt or money market instruments, fixed rate debt or money market instruments swapped for floating returns and fixed rate debt and money market instruments.
