IDFC Asset Allocation Fund Of Fund - Aggressive Plan - Regular Plan - Growth

About IDFC Asset Allocation FoF Aggressive

Being an open-ended hybrid fund, the scheme seeks to generate income and a mix of capital appreciation and provide diversification across asset classes predominantly through investment in debt funds and equity funds of IDFC Mutual Fund based on a defined asset allocation model.

Pros and Cons of IDFC Asset Allocation FoF Aggressive

This scheme is suitable for investors seeking: 1. Long term capital appreciation and regular income. 2. The fund invests in different mutual fund schemes based on a defined asset allocation model.

Fund Information and Statistics of IDFC Asset Allocation FoF Aggressive

i) Inception / Launch date

The IDFC Asset Allocation FoF Aggressive Plan was launched on 11 February 2010 by IDFC Mutual Fund.

ii) Risk level

The NAV of the scheme may get impacted by factors affecting securities markets, interest rates, price and volume volatility in the capital market, changes in government policies, taxation laws etc.The returns of the schemes depend on the choice of the scheme of the mutual fund and allocation of the capital of the scheme by the IDFC Investment Team.

iii) Redemption

The dispatch of redemption proceeds within 10 business days from the date of receipt of the redemption request.

iv) Fund Manager

Mr. Arpit Kapoor is the fund manager of IDFC Asset Allocation FoF Aggressive Fund since April 2018.

v) Entry / Exit load

The entry load for this scheme is NIL. The exit load of 1.50% is applicable if the units are redeemed within 18 months from the date of allocation of the units.

Tax benefits of investing in IDFC Asset Allocation FoF Aggressive

Units held for more than 12 months are subject to long term capital gains and are taxed at 10% in excess of Rs.1 lakh in a financial year. On computation of such LTCG no indexation benefit is available. If units held for less than 12 months, it is subject to short term capital gains and is taxed at 15% plus applicable surcharge and cess.

About IDFC Mutual Fund

IDFC Mutual Fund is one of the largest fund houses in India. By investing in money market securities and fixed income the mutual fund seeks to generate stable returns with low risk strategy. For common man as it offers an opportunity to invest relatively in a low cost in professionally and diversified managed basket of securities, it is one of the most viable investment option.

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