IIFL Mutual Fund
India Infoline Asset Management Company Ltd. ("AMC") was incorporated under the Companies Act, 1956 on March 22, 2010, having its Registered Office at IIFL Centre, 3rd Floor Annex, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai 400 013. AMC has been appointed as the Investment Manager to IIFL Mutual Fund by the Trustee vide Investment Management Agreement (IMA) April 29, 2010, executed between India Infoline Trustee Company Ltd. and India Infoline Asset Management Company Ltd.
Sponsor: India Infoline Limited (IIFL)
Trustee: India Infoline Trustee Company Limited
Investment Manager: India Infoline Asset Management Company Limited
Statutory Details: IIFL Mutual Fund has been set up as a Trust under the Indian Trust Act, 1882.
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|IIFL Nifty ETF||885.63||4.61||-0.65||1.82||11.27||18.48|
|IIFL India Growth Fund - Direct (G)||11.05||4.09||-0.24||3.8||0||0|
|IIFL India Growth Fund (G)||10.96||3.98||-0.55||3.15||0||0|
|IIFL FMP - Series 6 - Direct (G)||12.24||0.65||2.12||4.37||9.12||0|
|IIFL FMP - Series 6 (G)||12.21||0.64||2.11||4.34||9.06||0|
IIFL Centre,3rd Floor Annex,Kamala
City, Senapati Bapat Marg,
Lower Parel, Mumbai - 400 013.
|Phone : 022 - 42499000||Phone :|
|Email : email@example.com||Email :|
|Website : WWW.iiflmf.com||Website :|
capital market/11:20, Jul 04, 2015
Record date for dividend is 09 July 2015
The old adage Sell in May seems to have been ignored largely in second half of the month as the market left behind the carnage of March & April. . A move above the downward sloping trendline (above 8,550) would prove to be icing on the cake and market looks poised to see further build up after the gains of May.
Strength of every market is judged on corrections. After Mondays turnaround it is important to observe that if the recovery turns out to be sluggish and market starts to give up gains, will it find support around 8,200 or not? As of now, it will act as a new support line for the bulls.
Barriers in life come and go but 8,350 is acting as a tough one since the third week of April. This consolidation at the bottom has taken shape of a bullish H&S pattern. A move above the same could result in reversal of the trend.
However, it is imperative to understand that demographics eventually shape the dynamics of an economy.
CIBIL REPORTS are being touted as the solution to all credit decisions. To my mind, such a mindset could be extremely damaging. In this article, I will try to explain why.