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