Tuesday, March 09, 2010 09:34 Hrs IST

IDFC MF Announces Change in All Seasons Bond Fund

With effect from 10 March 2010

IDFC Mutual Fund has announced changes in investment restrictions in IDFC All Seasons Bond Fund, a fund of fund scheme.

Accordingly the fund of funds will not invest in any scheme having Net Assets less than Rs 10 crores as on the date of investment.

The fund of funds scheme shall not invest more than 60% of its Net Assets as on the date of investment in any one scheme/plan of any Mutual Fund.

The proposed changes shall be effective from 10 March 2010.