SME Finance Forum member, IDLC Finance Ltd., has launched its first open end mutual fund named IDLC Balanced Fund. IDLC plan is to offer 10 innovative products such as venture capital and private equity and a similar one for small investors.
IDLC Balanced Fund offers fund management through skilled Fund Managers mitigating investment risk. Investors can invest anytime and any amount starting from BDT 5,000 (for individuals) and BDT 50,000 (for institutions) with the facility of withdrawing funds at any time at Net Asset Value with the lowest exit load. Investors can also check the present value of their investment every week on the company's website.