IDFC Mutual Fund has announced that the closure date of IDFC - Fixed Maturity Plan - Yearly Series 49 has been extended to 17 February 2012. Pursuant to the extension of NFO, allotment date and maturity date shall be revised to 18 February 2012 and 19 February 2013 respectively.
IDFC - Fixed Maturity Plan - Yearly Series 49 seeks to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme.