Uniquely Indian, undeniably global asset management.
IIFL Asset Management is an India-focussed, global asset management firm.
Mutual funds are collective investment schemes which are also called investment funds or managed funds. Money, when invested collectively by pooling it from a number of investors, facilitates each investor to participate in a wide range of investments than would be possible in an individual capacity.
In other words, a mutual fund is a mechanism for pooling the resources by issuing units to the investors and investing funds in securities in accordance with objectives as disclosed in the offer document.
A Mutual fund is a collective investment that allows many investors, with a common objective, to pool individual investments that are given to a professional manager who in turn would invest this money in line with the common objective.
The manager is a qualified investment professional with rich investing experience. He develops investment strategies after detailed market analysis and manages day-to-day portfolio trades. Thus, a mutual fund offers the following benefits:
Professional management: Focused & dedicated fund manager & well-equipped research team
Easy investment & withdrawal, minimal paperwork and online transactions.
Spread-out portfolio across companies and industries to maximise gains and minimise value erosion
Buying and selling through stock exchanges and direct MF withdrawals
Section 80 C exemptions up to Rs 1 lakh, tax-free dividends, no long-term capital gains for equity MFs