IDFC MF top launch Shariah Fund
IDFC Mutual Fund is all set to Shariah fund within three months28 Jun 2008
IDFC Mutual Fund is all set to be the Shariah fund within three months. The Shariah fund would be made available to investor across the Middle East. IDBI has already set distribution targets.
The company also plans to launch an infrastructure fund in the private equity mode plus it the company has also proposes to do portfolio management services (PMS) to sell PMS products targeting high net worth individuals (HNIs).