IDFC Strategic Sector 50-50 Equity Fund Review

A new Fund from the investment house or Asset Management company of IDFC has come to the market with its NFO or New Fund Offer. The name of the fund is IDFC Strategic Sector 50-50 Equity Fund and is presently open for the NFO period.

What are the NFO dates of IDFC Strategic Sector 50-50 Equity Fund?
THe NEw Fund offer period or NFO period for IDFC Strategic Sector 50-50 Equity Fund will open on date 28th August 2008, and will close on 18th Septmember 2008.

What is the investment objective of the IDFC Strategic Sector 50-50 Equity Fund?
Same as all other equity funds, the investment objective is the stereotype recorded one - "To seek to generate long-term capital appereciation by investing in equity and equity related instruments."
They claim the following:
Sector Funds have their moments but to profit from these moments there is a huge element of market timing. You can easily lose out on returns if you either delay the getting-in or the getting-out.

But does that mean that there is no way to profit from Sectoral shifts, for in a dynamic macro environment there are one or two sectors that always take a leadership role in the performance of equity markets.

That's where the IDFC Strategic Sector 50-50 Equity Fund comes to the rescue of the investors.
Who is the Fund manager of IDFC Strategic Sector 50-50 Equity Fund?
Kenneth Andrade will be the fund manager of IDFC Strategic Sector 50-50 Equity Fund.

What is the entry load for IDFC Strategic Sector 50-50 Equity Fund?
The IDFC Strategic Sector 50-50 Equity Fund chrges the standard entry load of 2.25%. In case of SIP/STP, the same 2.25% entry load will be applicable.

What is the exit load for IDFC Strategic Sector 50-50 Equity Fund?
IDFC Strategic Sector 50-50 Equity Fund has an exit load of 1% if the investor redeems the IDFC Strategic Sector 50-50 Equity Fund units in less than 1 years time from the date of unit allocation.

What is the minimum investment amount for SIP investments in IDFC Strategic Sector 50-50 Equity Fund?
The minimum investment amount for SIP investments in IDFC Strategic Sector 50-50 Equity Fund is Rs. 1000.

What are the investment plans offered by IDFC Strategic Sector 50-50 Equity Fund?
The IDFC Strategic Sector 50-50 Equity Fund offers 2 standard investment plans - Dividend and Growth options.