IIFL Mutual Fund is launching a new fund (NFO) on June 06, 2012 in the name as IIFL Dividend Opportunities Index Fund (An open ended fund) . The investment objective of the scheme is to provide returns (before fees and expenses that closely correspond to the total return of the CNX Dividend Opportunities Index (95% – 100%), subject to tracking errors, and in Debt & Money Market instruments, investments will be (0% – 05%). However, fund house says , there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
(*No transaction charges will be deducted on the above form. **First time investors in mutual fund should ask for KYC form)
- Fund Opens: 06-June-2012
- Fund Closes: 19-June-2012
- Scheme Type: Open Ended
- Scheme Category: Income
- Entry Load: Nil
- Exit Load: 1% for exit (repurchase/switch-out/SWP/STP) on or before 1 year from the date of allotment of units and in case of SIP, on or before 1 year from the date of allotment of each instalment.
- Unit Price for NFO: Rs. 10/-
- Minimum Subscription: Rs. 5,000/- and in multiple of Rs. 100/- thereafter.
- Invest Now
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