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IDFC Monthly Income Plan: Change in the Asset Allocation Pattern

IDFC Mutual Fund has announced a change in asset allocation pattern of IDFC Monthly Income Plan. The scheme proposes to invest between 75% to 100% in debt & money market instruments and upto 25% in equity securities.
Presently, the scheme invests between 65% to 100% in debt & money market instruments, upto 25% in equity and around 15% in cash & cash equivalents.