NFO - IDFC Equity Opportunity fund Series 4

Q & A Forum › Category: Mutual Funds › NFO – IDFC Equity Opportunity fund Series 4

nagarajan.smiles@gmail.com asked 8 years ago

Dear sir , My bank suggest me to invest in IDFC Equity Opportunity fund Series 4 a new fund offer. Can you please suggest me if I go ahead with investment in this fund. Regards Shanthi

1 Answers

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Sreekanth Staff answered 8 years ago

Dear Shanthi, It is a close-ended Multi-cap oriented Fund. My suggestion would be to ignore investing in an NFO and if required you may pick an existing Equity diversified (multi-cap) fund with a proven track record.