The investment strategy of the Scheme will be to invest in a basket of securities forming part of Nifty 100 Low Volatility 30 Index in similar weight proportion.
Reliance Industries and its partner BP Exploration (Alpha) Ltd (BPEAL) are set to conduct an e-auction on April 3.
It will provide the services through its domestic and international network and branch at GIFT City, the Gujarat-based emerging global financial and IT services hub.
In conversation with Sheetal Agarwal of IIFL, the Founder of the company outlines his growth strategy, macro opportunities and fund-raising plans.
Since October 2018, he has served as the company's Executive Director.
The scheme aims to generate risk-adjusted returns through research driven investment approach by investing in a portfolio of fixed income securities maturing on or before the tenure of the Scheme.
IDFC US Treasury Bond 0-1 YEAR Fund of Fund seeks to provide diversification in the US market debts by investing in short-term US treasury securities, globally considered a safe haven asset.
ICICI Prudential Nifty PSU Bank ETF aims to provide returns that correspond to the returns provided by NIFTY PSU Bank Index.
Bank of Baroda Financial Solutions Ltd (BFSL) is a 100% owned subsidiary of Bank of Baroda.
Road shows will be done to gain investor confidence for fixed income securities of the company.