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Revision in Minimum Investment Amount of IDFC MF schemes


IDFC Mutual Fund has decided to revise the minimum investment amount in the open-ended schemes [except IDFC Tax Advantage (ELSS) Fund] with effect from August 1, 2016 as under:

Current AmountRevised Amount
IDFC Nifty Fund - ₹500 and in multiples of ₹1 thereafterIDFC Nifty Fund - ₹500 and any amount thereafter
IDFC Premier Equity Fund - ₹10,000 and in multiples of ₹1 thereafterIDFC Premier Equity Fund - ₹10,000 and any amount thereafter
Other Schemes - ₹5,000 and in multiples of ₹1 thereafterOther Schemes - ₹5,000 and any amount thereafter