Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

IIFL Dividend Opportunities Index Fund from India Infoline Mutual Fund

Buy Gold Mutual Funds

Invest Mutual Funds Online

Download Mutual Fund Application Forms

 

India Infoline (IIFL) Mutual Fund has come out with its second offering. While the AMC's first was an exchange traded fund (ETF) launched last year, this one is an open-ended index fund -- IIFL Dividend Opportunities Index Fund. This scheme aims to replicate its benchmark, the CNX Dividend Opportunities Index. This index comprises large- and mid-cap stocks of 50 high dividend yielding companies spread across 25 sectors.

Investment Objective
The investment objective is to provide returns that closely correspond to the total return of CNX Dividend Opportunities Index, subject to tracking errors.

CNX Dividend Opportunities Index includes companies based on the following criteria:


Ranked within the top 500 companies by average free-float market capitalization and aggregate turnover over the last six months
Ranked within the top 50 companies ranked by Annual Dividend Yield
Positive earnings growth over three years
Positive net-worth and profit making, based on the most recently audited financial results
Maximum weightage of each company in the index is 10 per cent

 

Similar Funds

Scheme

Launch Date

Net Assets (Rs Cr)

1-Yr Return

3-Yr Return

5-Yr Return

BNP Paribas Dividend Yield

Aug-05

12.65

-2.07

14.92

9.71

BSL Dividend Yield Plus

Feb-03

1162.99

-3.49

15.88

12.62

ING Dividend Yield

Oct-05

97.18

-3.55

16.84

13.01

Principal Dividend Yield

Sep-04

105.03

-3.77

11.31

6.09

Tata Dividend Yield

Oct-04

273.03

-1.97

18.06

12.17

UTI Dividend Yield

May-05

3599.89

-4.99

13.26

12.2

CNX Dividend Opportunities Index

Sep-07

-

-0.17

20.85

8.65

Returns (%) as on June 12, 2012

 

Fund Manager
Mr. Manish Bandi is the fund manager of this scheme. Mr. Bandi is a science graduate and a CA with 12 years of experience in the financial services industry. He has been a part of the investment committee and fund management team and held senior managerial positions in the field of equity advisory, portfolio management services, equity broking, business and process reviews and audits in his previous roles. Mr. Bandi also manages IIFL Nifty ETF.

 

Fund House
IIFL Mutual Fund is just a year old and manages Rs 28 crores, as on March 31, 2012.

 

Basic Details
NFO Opens: June 6, 2012
NFO Closes: June 19, 2012
NFO Price: Rs.10 per unit
Options: Growth & Dividend (with payout & re-investment option)
Minimum Application Amount for Lump-sum: Rs.5000/-
Minimum Application Amount for SIP: Rs.1000/- per month for monthly, Rs.1500 per month for quarterly option
Exit Load: 1% if repurchased/switched-out/SWP/STP within 12 months of allotment
Benchmark: CNX Dividend Opportunities Index

--------------------------------------------

Invest Mutual Funds Online

Transact Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Download Mutual Fund Application Forms

Best Performing Mutual Funds

    1. Largecap Funds        Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds     Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds    Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds             Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds              Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Gold Mutual Funds             Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

 

0 comments:



Post a Comment


Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Popular Posts

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications