IIFL ELSS Nifty 50 Tax Saver Index Fund-Dir (G) - NFO

NAV:
₹10
Open Date
01 Dec 2022
Close Date
21 Dec 2022
Min. Amount
₹500
NAV
₹10
Min. Amount
₹500
Open Date
01 Dec 2022
Close Date
21 Dec 2022

Scheme Objective

The investment objective of scheme is to invest in stocks comprising the Nifty 50 Index in the same proportion as in the index to achieve returns equivalent to the Total Returns Index of Nifty 50 Index (subject to tracking error), while offering deduction on such investment made in the scheme under section 80C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus. There is no assurance or guarantee that the investment objective of the Scheme would be achieved. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits.

Asset Class
Equity
Category
Equity - Tax Planning
Scheme Type
Growth
ISIN
INF579M01AN2
Stamp Duty
-
Incremental Inv
₹500
Expense Ratio
-
Exit Load (%)
-

Fund House Details

Fund Manager
Parijat Garg

Fund House Contact Details

IIFL Mutual Fund
AUM:
4,615 Cr
Address:
IIFL Centre,6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai - 400013
Contact:
022 - 48765600
Email ID:
service@iiflw.com

Frequently Asked Questions

What is IIFL ELSS Nifty 50 Tax Saver Index Fund-Dir (G) ?

The investment objective of scheme is to invest in stocks comprising the Nifty 50 Index in the same proportion as in the index to achieve returns equivalent to the Total Returns Index of Nifty 50 Index (subject to tracking error), while offering deduction on such investment made in the scheme under section 80C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus. There is no assurance or guarantee that the investment objective of the Scheme would be achieved. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits.

What is the close date of IIFL ELSS Nifty 50 Tax Saver Index Fund-Dir (G) ?

Close date of IIFL ELSS Nifty 50 Tax Saver Index Fund-Dir (G) is 21 Dec 2022.

Name the Fund Manger of IIFL ELSS Nifty 50 Tax Saver Index Fund-Dir (G)

The Fund Manger of IIFL ELSS Nifty 50 Tax Saver Index Fund-Dir (G) is Parijat Garg

What is the open date of IIFL ELSS Nifty 50 Tax Saver Index Fund-Dir (G) ?

Open date of IIFL ELSS Nifty 50 Tax Saver Index Fund-Dir (G) is 01 Dec 2022

What is the minimum investment amount of IIFL ELSS Nifty 50 Tax Saver Index Fund-Dir (G) ?

The minimum investment amount of IIFL ELSS Nifty 50 Tax Saver Index Fund-Dir (G) is ₹500
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