HT Bureau
GUWAHATI, Feb 7: IDFC Mutual Fund announced the launch of the IDFC CRISIL IBX Gilt – April 2032 Index Fund, open-ended Target Maturity Index Funds that will invest in constituents of CRISIL IBX Gilt Index– April 2032. The NFO opens on February 6 and closes on February 14.
Highlighting why investors may consider including Target Maturity Gilt Index Funds in their portfolio, Vishal Kapoor, CEO of IDFC AMC said, “Prudent investors recognize the importance of diversifying their fixed income portfolio through a strategic asset allocation approach that balances quality, stability, liquidity, and the potential for relatively higher returns compared to conventional fixed-term investments.
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