Saving-Ideas.com

Icon

Personal Finance Blog India –

IDFC Premier Equity Fund To Close For New Lumpsum Purchases


IDFC premiere equity fund will not be available for new subscription effective from 16 th may,,though subscription through SIP / STP will be continued.It was started accepting fresh applications from 31st march 2011.Scheme opens whenever fund manager thinks that stocks are fairly valued and get closed when predetermined corpus is collected.

This scheme dominantly invests in Midcap stocks and highest allocation is in FMCG sector.It has outperformed the benchmarka and cateogary returns and have provided returns of 22% CAGR since inception.

Category: Mutual Funds

Tagged:

Leave a Reply

Advertisement:

Categories

Categories

Blog Archives

See How Much Interest Your Saving Have Generated!!!Final Value will be Original Principal + Interest generated

Blog Author

Blog Author

Who's Online

9 visitors online now
1 guests, 8 bots

Disclaimer

Information provided on this blog is for general purpose only & not investment advice.Please take advice of SEBI Registered Investment Advisors before taking any investment decision.
9 visitors online now
1 guests, 8 bots, 0 members
Max visitors today: 12 at 12:00 am UTC
This month: 39 at 06-07-2017 08:08 am UTC
This year: 56 at 02-27-2017 10:53 am UTC
All time: 363 at 09-23-2016 05:45 am UTC
Thank You For Visiting This Blog!!!