March 31, 2011 10:23 am
IDFC Premier Equity Fund is opening up to accept new subscriptions. Thoughts / Suggestion for inverstment period of 4 – 5 years?
From Valueresearch “The scheme states that it would be open to investors for subscription during periods when the fund managers feel that the stocks are reasonably valued. It will close subscription, once it has collected a predetermined “manageable” corpus, which will be decided by the fund manager of the scheme depending on the available investment opportunities in the stock market.”
Mutual Fund is always good for long term.
You can invest in that fund, anyday for anytime. 🙂
But i think, they were closed for accepting lumpsum investments. Not for SIPs.
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