Mutual Fund Houses
IIFCL Asset Management Co. Ltd
This fund house was built up as a faith on 17 August 2012 by the India Infrastructure Finance Company Ltd. This mutual fund house is one of top-ranked institutions in the infrastructure sector in India.
The mutual fund provides only two schemes, which are close-ended which means investors can only capitalize through a definite period. The schemes are named as IIFCL Mutual Fund Infrastructure Debt Fund Series
IIFCL Mutual Fund was built up as an IDF by IIFCL under the MF route and IIFCL Asset Management Co. Ltd. Was launched as its Asset Management Company, which is a 100% subsidiary of IIFCL in Indian market. The fund is keeping in mark with the vision of Government of India to make accessible long term financing for Infrastructure Sector, it is the effort of IIFCL Mutual Fund to presentation long term funds of tenors more than 10 years in Indian market.
Infrastructure Debt Fund created by SEBI which is necessitates biggest investment of Rs. 1 Crore (INR 10 million) and the mutual fund smallest unit size of Rs. 10 Lakhs (INR 1 million). Main investments for IDF MF would be debt securities debt instrument of infrastructure companies or infrastructure capital companies or infrastructure projects or special purpose vehicles which are shaped for the purpose of enabling or helping investment in infrastructure or bank loans in respect of completed and revenue making projects of infrastructure companies.
The mutual fund is look forward to developing a long lasting successful relationship with investor.
