IDBI Mutual Fund - IDBI Dynamic Bond Fund

Tax Saving Mutual Funds Online

Current open Infra Bond Application form

 

The fund will invest in high-quality paper that also have enough liquidity in the market

TO CASH in on the investor frenzy on debt products, IDBI Mutual Fund, the mutual fund arm of IDBI Bank, on Monday announced the launch of IDBI Dynamic Bond Fund, a diversified, actively managed, open ended debt scheme that would invest in debt and money market instruments to generate optimum risk-adjusted returns.

The new fund offer (NFO) which is open for subscription from January 31 to February 14, comes at a time when debt is the flavour of the season and retail interest in debt investment is catching up.

The fund has not set any limit for investment in any particular debt or money market instrument so as to take advantage of the emerging market situations, while moving investments from one instrument to another in a dynamic manner. This flexibility in portfolio composition will generate optimum risk-adjusted returns making this scheme relevant under all market consitions.

Talking about the possibility of a good return in high interest rate regime, The fund would make capital gains once the Reserve Bank of India (RBI) starts cutting interest rate, besides the income from the coupon rate.

The fund will allocate 100 per cent of the inflows in government securities, treasury bills, PSU bonds and corporate bonds across various maturities. However, the fund will invest in high-quality paper that also have enough liquidity in the market.

The investment objective of the scheme is to generate income, while maintaining liquidity and asset quality through active management of a portfolio comprising of debt and money market instruments.

The fund is benchmarked to Crisil Composite Bond Fund Index.

Investors will have to pay one per cent for exit within one year from the date of allotment. The allotment in the scheme after the closure of the NFO will be done on February 22.

 

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

 

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

1. HDFC TaxSaver
2. ICICI Prudential Tax Plan
3. DSP BlackRock Tax Saver Fund
4. Birla Sun Life Tax Relief '96
5. Reliance Tax Saver (ELSS) Fund
6. IDFC Tax Advantage (ELSS) Fund
7. SBI Magnum Tax Gain Scheme 1993
8. Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

 

Submit filled up application    Collection canter near you

 

 

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to HUDCO Bonds?

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

 

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you