IDFC Mutual Fund offers an alternate transaction platform to facilitate purchase/subscription and redemption of units of IDFC Asset Allocation Fund (Aggressive plan, Conservative Plan and Moderate Plan) through the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) – Mutual Fund Service System (MFSS). The facility will be offered from 19 August 2010.
Units can be held as per the choice of the investor, in physical or depository mode.
IDFC Asset Allocation Fund is a fund formed with primary objective to generate capital appreciation through investment in different mutual funds schemes primarily local funds based on a defined asset allocation model.
Source: http://www.apollosindhoori.cmlinks.com/MutualFund/MFSnapShot.aspx?opt=9&SecId=10&SubSecId=22,24#
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