IDFC Mutual Fund: NFO opens 29 July

Chennai: IDFC Mutual Fund has announced the launch of its first international fund IDFC US Equity Fund of Fund, an open-ended scheme.

A statement said it is designed to offer investors an opportunity to invest in a growth-oriented portfolio of US stocks, thereby benefiting from strong structural opportunities in a resilient US market.

The new fund offer will open for subscription on 29 July and close on 12 August.

 

NT Bureau