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IDFC Mutual Fund

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Bhavin Patadia steps down from Equity Fund Management Team of IDFC Mutual Fund

April 17, 2018

Effective from the closure of business hours of April 18, 2018, IDFC Asset Allocation Aggressive, IDFC Asset Allocation Conservative and IDFC Asset Allocation Moderate will be managed by Arpit Kapoor following the stepping down of Bhavin Patadia from Equity Fund Management Team of IDFC Mutual Fund.

IDFC Money Manager Fund Investment Plan merged with IDFC SSI Short Term Plan

April 10, 2018

IDFC Mutual Fund has decided to merge IDFC Money Manager Fund Investment Plan with IDFC SSI Short Term Plan. May 14, 2018 is given as the effective date for this merger.

IDFC MF renames two schemes

April 10, 2018

Effective May 14, 2018, the following schmes will be renamed as follows:

IDFC Equity Fund will be renamed to IDFC Large Cap Fund

IDFC SSI Short Term Fund will be renamed to IDFC Bond Fund Short Term Plan

IDFC Credit Opportunities Fund renamed

April 9, 2018

IDFC Credit Opportunities Fund is renamed to IDFC Credit Risk Fund with effect from May 14, 2018.

IDFC Fixed Term Plan Series 145 NFO period pre-poned

April 9, 2018

The New Fund Offer of IDFC Fixed Term Plan Series 145 is pre-poned. The NFO closing date is changed from April 11, 2018 to April 10, 2018.

IDFC Government Securities Provident Fund merged with IDFC Government Securities Fund Investment Plan

April 3, 2018

Effective May 07, 2018, IDFC Government Securities Provident Fund with IDFC Government Securities Fund Investment Plan

As of February 28, 2018, IDFC Government Securities Provident Fund has a Monthly Average AUM of Rs 91.50 crores and an expense ratio of 0.26% for Direct Plan. Similarly, IDFC Government Securities Fund Investment Plan has a Monthly Average AUM of Rs 489.72 crores and an expense ratio of 0.38% for Direct Plan.

Kartik Mehta appointed additional fund manager for IDFC Premier Equity Fund

March 29, 2018

Kartik Mehta is appointed as the additional fund manager for IDFC Premier Equity Fund from April 2, 2018. He will work along with Anoop Bhaskar.

Scheme Name Changes (Effective April 30, 2018)

Old Scheme Name New Scheme Name
IDFC Super Saver Income Fund Investment Plan IDFC Bond Fund Long Term Plan
IDFC Super Saver Income Fund Medium Term Plan IDFC Bond Fund Medium Term Plan
IDFC Balanced Fund IDFC Hybrid Equity Fund
IDFC Arbitrage Plus Fund IDFC Equity Savings Fund

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