Today's Top Gainer
Note:Top Gainer - Nifty 50 More
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
Corporate Office, 301-312, 3rd Floor,
Amba Deep Building, 14,
Kasturba Gandhi Marg New Delhi 110001
|Phone : 011-43717125/26||Phone :|
|Email : Complianceofficer@iifclmf.com||Email :|
|Website : WWW.iifclmf.com||Website :|
IIFCL Mutual Fund
India Infrastructure Finance Company Limited (IIFCL) was incorporated under the Companies Act as a wholly-owned Government of India company in January 2006 and commenced operations from April 2006 to provide long term finance to viable infrastructure projects through the Scheme for Financing Viable Infrastructure Projects through a Special Purpose Vehicle called India Infrastructure Finance Company Ltd (IIFCL), broadly referred to as SIFTI. The sectors eligible for financial assistance from IIFCL are the Harmonized list of infrastructure sub-sectors as approved by the Cabinet Committee on Infrastructure on 1st March 2012. These include transportation, energy, water, sanitation, communication, social and commercial infrastructure. IIFCL accords overriding priority to Public-Private Partnership (PPP) Projects.
Provides long term financial support to infrastructure projects in India through Direct Lending, Subordinate Debt, Takeout Finance and Credit Enhancement
Gives overriding priority to Public Private Partnership (PPP) projects
IIFCL Mutual Fund was set up as an IDF by IIFCL under the MF route and IIFCL Asset Management Co. Ltd. (IAMCL) was established as its Asset Management Company, a 100% subsidiary of IIFCL.
IIFCL MF IDF is sponsored by IIFCL (a “AAA” rated wholly owned Govt. of India FI).
Within the SEBI stipulated framework, IIFCL MF would also draw on IIFCL’s vast pool of infrastructure experience and relationships in the Indian Infrastructure space creating opportunities for infrastructure development in the country.
IIFCL Mutual Fund has been constituted as a trust on 17th August 2012 in accordance with the provisions of the Indian Trusts Act, 1882 (2 of 1882) duly registered under the provisions of the Indian Registration Act, 1908 (16 of 1908) with India Infrastructure Finance Company Limited (IIFCL), as the Sponsor.
capital market/10:45, Jun 10, 2019
With effect from 06 June 2019
India Infoline News Service/10:50, Oct 27, 2017
Balance funds are a mix of stocks and bonds which reflects a moderate approach. The primary goal of balanced funds is to create regular and stable income by investing in debt securities and invest a portion in equity for capital appreciation.
Daily chart analysis indicates that Nifty FMCG index is on the verge of an Inverse Head and Shoulder pattern breakout. A close above the 25270 mark will confirm the same.
With strength in Oil & gas and pharma sector, the decline in Nifty has got arrested while broader index like CNX 500 is yet to confirm a bottom (though the selling pressure has stopped). Hence the composition of Nifty turns out to be better in assisting quick recovery and we feel that the stage is set for the key indices to surge higher towards 8,400.
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.
Growth will come back and people will take time to adjust, which is why we will spend the next 1-1.5 years in a consolidation phase....