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IDBI MF launches Diversified Equity Fund

The new fund offer opened for subscription from March 10 and will close on March 24, 2014

March 18, 2014 3:54 IST | India Infoline News Service
IDBI Mutual Fund has launched a 'IDBI Diversified Equity Fund', a scheme which is an open ended diversified equity scheme, a company release said.
The new fund offer opened for subscription from March 10 and will close on March 24, 2014.
"The fund will provide investors with opportunities for long-term growth in capital through investment in a diversified basket of equity stocks, debt and money market instruments," the company said.
According to the fund house, the equity portfolio will be well-diversified and actively managed to realise the objective of the scheme.

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