IDFC Mutual Fund has launched “ IDFC Credit Opportunities Fund ” . The new issue will be open for subscription from 14 Feb. 2017 to 27 Feb. 2017. The face value of the new issue will be Rs. 10 per unit. 

The scheme’s objective is to generate returns by predominantly investing in a portfolio of corporate debt securities across credit spectrum within the investment grade.  

IDFC Credit Opportunities Fund
NFO Open14 Feb. 2017
NFO Close27 Feb 2017
Exit Load1% for before 365 days
Entry LoadNIL
Scheme TypeA Open ended Income Scheme
Minimum Application Amt5000
Benchmark80 % CRISIL AA Medium Term Bond Index + 20% CRISIL AAA Short Term Bond Index
Offer PriceRs. 10
Investment OptionGrowth & Dividend Payout

Fund Suitability

The Scheme is suitable for investor

  • To generate optimal returns over medium term
  • To predominantly invest in a portfolio of corporate debt securities across the credit spectrum 

Tax Benefit

Tax on Dividend Income – NIL

Long Term Capital Gain –  For resident as well as non resident investors, as per section 112 of the act, long term capital gain on transfer of units, are liable to tax @ rate of  20% (with indexation benefit )

Short Term Capital Gain – For resident as well as non – resident  as per current slab (add to your regular income).



Consult your  Mutual Fund adviser, agent, broker, Distributor  for Investment    

Pune Invest – Rajendra – 77 1991 7444

Source : IDFC Credit Opportunities Fund – SID/KIM & Product Note

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