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Change in Investment Strategy of IDFC Equity Fund


IDFC Mutual Fund has proposed to change the investment strategy of IDFC Equity Fund with effect from April 18, 2017. Now, the fund will invest in large cap stocks having market capitalization equal to or above the 100th stock in the S&P BSE 100 index.

Also, the benchmark of this fund will get change from Nifty 50 Index to S&P BSE 100 Index.