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- IIFL Mutual Funds
IIFL Mutual Funds
With an AUM of Rs 4,400 crores, IIFL Mutual Funds offers 5 schemes across different categories including 3 equity, 2 debt, and undefined hybrid mutual funds. Know the IIFL MF scheme details, historical returns, compare and invest in Best IIFL Mutual Fundss. Invest in mutual fund schemes that suit your investment objectives, risk level, and fund options.
5
Schemes
₹ 4,401 Cr
Total AUM
IIFL Mutual Fund Details
Name | IIFL Asset Management Limited |
AUM | ₹ 4,400 Crores |
Founded | 23 March 2011 |
Incorporation Date | 22 March 2011 |
Sponsor | IIFL Wealth Management Limited |
CIO | NA |
MD & CEO | Mr. Prashasta Seth |
Contact Number | 022-42499000 |
Email Id | service@iiflmf.com |
Website | www.iiflmf.com |
Trustee | IIFL Trustee Limited (Formerly known as India Infoline Trustee Co. Ltd.) |
Office Address | IIFL Centre, 6th Floor , Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013 |
Best IIFL Mutual Fund Schemes to Invest in Dec 2022
| Fund name | AUM | NAV | 3Y Returns |
|---|---|---|---|
| ₹3407.95 Cr | ₹31.22 | 21.1% | |
| ₹462.92 Cr | ₹18.34 | 5.8% | |
| ₹428.62 Cr | ₹1689.85 | 3.7% | |
| ₹100.76 Cr | ₹10.64 | - | |
| - | - | - |
Know the latest NAV, Asset Under Management, and 3-year Return of Best IIFL Mutual Funds. Invest in Scripbox Recommended High Return Mutual Funds Best Suited According To Your Investment Objectives.
Top IIFL Mutual Fund Managers
Mayur Patel
Fund Manager
Milan Mody
Fund Manager
Parijat Garg
Fund Manager
How to Invest in IIFL Mutual Funds?
Investing in mutual fund investments is now easy with Scripbox. Scripbox is an online platform that enables mutual funds investments with just a click. To invest in mutual fund through Scripbox, one has to follow the following steps:
- Visit Scripbox’s website and Begin the Investment Journey: Go to Scripbox’s website and click on the button “Let’s get started” on its homepage. This displays a list of goal-based investment options. Therefore, an individual can choose one or multiple financial goals on the basis of their requirements to invest in mutual funds. Click on the “Continue” button, to proceed with mutual fund investment.
- Signup and Create Account: Here one has to create an account with Scripbox. Using an e-mail id one can create an account with Scripbox. Upon creating the account and logging in, the following are available: amount of investment and a list of payment options. The investor is required to enter the investment amount in the space provided. Then, one has to choose between lumpsum or SIP investment by clicking on either “One-time” or “Every month SIP” payment option. Additionally, one can use Scripbox’s calculators to estimate their potential returns from IIFL mutual fund investments. To determine potential returns from mutual fund SIP investments, one can use the SIP Calculator. On the other hand, to estimate lumpsum investment returns, they can use the lumpsum calculator. Furthermore, to view the Scripbox recommended funds, one can click on “See Recommended Funds” button. The list displays the funds that Scripbox recommends for its investors.
- Checking and Changing the Fund and Fund Allocation: In this step, one can view the list of shortlisted mutual funds and also the investment amount for each fund. Kindly check all the details before proceeding ahead. In case, an investor wishes to change the investment amount and the funds; they can do so by clicking “I want to change funds/amount”. This will help them change their investment portfolio to suit their requirements. Clicking on the “Next” bottom will proceed to the payment page.
- Bank Details and Money Transfer: In this step, the payment can be completed by providing the following details: bank account and PAN card. This enables Scripbox to process mutual fund investment. Also, Scripbox provides a secure environment for investors to process their payments. Moreover, the bank details will not be misused and will only be used for investing and crediting redemption proceeds.
KYC Required to Invest in IIFL Mutual Funds
Know Your Customer (KYC) is for client identification. As per SEBI mandate, all investors have to be KYC compliant. If an individual is not KYC compliant, then they cannot invest in SEBI registered mutual funds. Also, SEBI prescribes the KYC requirements. The KYC form includes details such as identity, address, demographics, financial status, and occupation of the individual.
Also, Scripbox has the provision to complete the KYC process online. Resident Indians and PIO residing in India need the following documents for KYC:
- Pan Card
- Photograph
- Address proof (Aadhar Card (Front & Back)/Driving License/Passport/Voter ID Card)
- KYC Authorisation Letter. (On a plain sheet of white paper, one needs to write “I authorise Scripbox to do my mutual fund KYC” & sign below it)
- Video Selfie: Record a video for 5 seconds
Furthermore, one needs to upload a clear scanned copy (colour) of your KYC documents at the time of registration. Alternatively, you can also share your KYC documents at help@scripbox.com or Whatsapp it on +91-8884448026.
How to Download Mutual Fund Investment Statement?
The following steps will guide you to download your IIFL mutual fund investment statement using the Scripbox App:
- In the Scripbox app, log in to your account with your credentials.
- Then, go to the ‘Profile’ tab.
- Select the option ‘Investment History’.
- Click on the ‘Email Me’ option. Scripbox will send an email to the registered email address. The email will have a link to download your mutual fund statement.
- Click on the link, and the statement will be downloaded in excel format.
The excel statement will have the following information:
- Orders Tab: The tab includes these details: Name of the fund, Folio Number, Investment Amount, Units, Investor Name, NAV at which the purchase happened, Date of Investment, STT, and Purpose.
- Current Holding Tab: This tab has the following details: Folio Number, Fund Name, Units, Current Value of the Investment, and Purpose
Top IIFL Mutual Fund Managers
| Fund Manager | Type Of Fund | Number of Schemes |
| Mayur Patel | Equity | 1 |
| Rahul K Nambiar | Debt | 2 |
Explore: Top Fund Managers
Mr. Mayur Patel
Mr Patel is a fund manager of equity funds at IIFL AMC. He has more than 14 years of experience in investment management and research. Before joining IIFL, he worked with DSP BlackRock Group. He managed equity portfolios of DSP BlackRock Equity Savings Fund and MIP fund at DSP BlackRock Investment Managers.
Furthermore, Mr Patel joined DSP Group in 2013 as an equity analyst where he was responsible for origination and distribution of ideas across utilities, energy and industrials sector. He also worked with Spark Capital as a lead analyst in their Institutional Equities division. Mr Patel also worked with Tata Motors and CRISIL.
He is a CFA charter, chartered accountant and also holds a B. Com degree. Furthermore, he currently manages the IIFL Focused Equity Fund.
Mr Rahul K Nambiar
Mr Nambiar has been a fund manager at IIFL Mutual Fund since January 2021. Prior to working with IIFL AMC, he was with Yes Bank Ltd, ICICI Securities Ltd, and the Wholesale Debt Market (WDB) broking industry. He currently manages IIFL Liquid Fund and IIFL Dynamic Bond Fund. He holds an MBA Degree.
Mr Milan Mody
Mr Modi is a fund manager at IIFL Mutual Fund. He brings in an overall 16 years of experience in Fund Management in Fixed Income Market. Earlier, he worked with ITI Mutual Fund, ZyFin Research Pvt. Ltd and was responsible for managing various funds. He managed a total asset of over USD 75 million. He also worked with Sahara Life Insurance Company Ltd managing ULIPs and traditional schemes. Mr Mody was also associated with debt intermediaries like Darashaw and BRICS from 2002 till 2005. In addition, he is an MBA in Finance from MET Institute, Mumbai.
Frequently Asked Questions
Established in 2010, IIFL Asset Management is an India-focused global asset management firm that is part of the IIFL Wealth Group. The company has a disciplined and active management approach. The portfolio managers are highly skilled. Their deep understanding of the Indian market enables them to create investment strategies (asset allocation) that generate sustainable risk-adjusted returns. They follow the concept of benchmark-agnostic funds that enables them to pick stocks with flexibility. Also, their mutual fund offerings are positioned as a leader in their respective niches. Furthermore, their strategy of concentrated picks and free from benchmarking has helped them generate significant returns.
IIFL Mutual Fund offers three funds in equity and debt categories. Hence, investors have to pick the fund based on their requirement and need. They can do so by aligning their goals with the fund’s objectives and choose the best fund that suits them.
One can invest in IIFL Mutual Fund online directly through Scripbox. Alternatively, they can invest in IIFL Mutual Fund through the fund houses’ website. Moreover, they can also invest in IIFL Mutual Fund through any other online platform or mobile application.
A SIP can be stopped online by going to the IIFL mutual fund website and logging in with a folio number or any online portal where the investment has started.
To withdraw money from IIFL Mutual Fund, one can visit the nearest IIFL Mutual Fund office and submit a form. Alternatively, they can visit the IIFL Mutual Fund website and redeem the investment by logging in with the folio number. They can also withdraw their IIFL Mutual Fund investments from any online portal where they first invested.