Uniquely Indian, undeniably global asset management.
IIFL Asset Management is an India-focussed, global asset management firm.
This product is suitable for investors who are seeking*
Income over short term horizon;
Investments in money market and short term debt instruments, with maturity not exceeding 91 days;
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Investors understand that the principal will be at low risk
Type of Scheme:
An Open Ended Liquid Scheme
To provide liquidity with reasonable returns in commensuration with low risk through a portfolio of money market and debt securities with residual maturity of up to 91days. However, there can be no assurance that the investment objective of the Scheme will be achieved.
CRISIL Liquid Fund Index
The investment policies of the Scheme shall be as per SEBI (Mutual Funds) Regulations, 1996, and within the following guidelines. Under normal market circumstances, the investment range would be as follows:
|Instruments||Indicative Allocation (% of Net assets)||Risk Profile|
|Money market and debt instruments with residual maturity up to 91 days (including floating rate debt instruments and securitized debt)||0%||100%||Low to Medium|
Plans / Options for Investment:
Regular Plan and Direct Plan
The Scheme has the following Options under each of above plans
• Growth Option:
• Dividend Option
• The Dividend Option has the following Facilities:
° Dividend Reinvestment Facility (available for Daily & Weekly frequency)
° Dividend Pay-out Facility (available for Weekly frequency)
Minimum Application Amount:
New Purchase – Rs. 5,000 and in multiples of Rs. 100 thereafter.
Additional purchase - Rs. 1000 and in multiples of Rs. 100 thereafter
Entry Load is Nil, Exit Load is Nil
Mr. Ankur Parekh
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.