IDBI Mutual Fund has decided to change in name and asset allocation pattern of IDBI Debt Opportunities Fund, with effect from 28 October 2016.
The proposed changes are:
Name of the scheme: IDBI Corporate Debt Opportunities Fund
Asset Allocation Pattern:
The scheme will invest 80%-100% in Debt Instruments including securitized debt instruments and including debt securities issued by companies, banks, PSUs, Municipal Corporations bodies corporate created under separate act with low to medium risk profile and invest upto 20% in money market instruments including but not limited to CD, CPs, T-Bills, CBLO, Repo (including Repo in corporate bonds), Liquid schemes with low risk profile.
|