IDFC MF introduces Fixed Term Plan Series-106 (1098 Days) IDFC Mutual Fund has launched the New Fund Offer (NFO) of IDFC Fixed Term Plan Series-106 (1098 Days), a close ended income scheme. The NFO opens for subscription on Oct 31, 2014 and closes on Nov 10, 2014.  No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 10,000 and multiples of Rs. 10 thereafter. The scheme’s performance will be benchmarked against Crisil Composite Bond Fund Index and its fund manager is Anupam Joshi. The investment objective of the scheme is to  generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme.