IIFL Mutual Fund launches IIFL Quant 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.)