IIFL Mutual Fund launches IIFL Quant Fund

IIFL Mutual Fund launches IIFL Quant Fund

by News Team | Mutual Fund

NFO period: 08th November - 22nd November, 2021

Highlights of the NFO:

  • Scheme type - An open-ended equity scheme investing based on quant theme

  • Investment objective - The investment objective of the scheme is to generate long term capital appreciation for investors from a portfolio of equity and equity related securities selected based on quant theme. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

  • Product suitability - This product is suitable for investors who are seeking capital appreciation over long term; by investing predominantly in equity and equity related instruments based on quant model.

  • Minimum Application Amount - First investment is Rs. 1,000/- and in multiples of Rs. 100/- thereafter

  • Plan/ Options available - Regular Plan & Direct Plan having income Distribution cum Capital Withdrawal and Growth Option under each of the above plans.

  • Fund Managers - Mr. Parijat Garg

  • Benchmark - S&P BSE 200 TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)