Members Constituting the Board of Trustees of IIFCL Mutual Fund

The Hon’ble Union Finance Minister in his Budget Speech of 2011 had announced that to give a boost to the Infrastructure Sector in India, Infrastructure Debt Funds would be set up in India. SEBI had then issued the guidelines for Infrastructure Debt Funds – Mutual Funds in August 2011. India Infrastructure Finance Company Ltd. (IIFCL), being a premier institution in Infrastructure Sector, decided to set up an Infrastructure Debt Fund – Mutual Fund by the name of ‘IIFCL Mutual Fund’ for launching the Infrastructure Debt funds 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. IIFCL – MF is administered by a Board of Trustees comprising of IIFCL (represented by Sh. Sanjeev Ghai, CGM, IIFCL), Central Bank of India (represented by Sh. Basab Mondal, General Manager, Central Bank of India), Punjab National Bank (represented by Sh. H K Parikh, Deputy General Manager, Punjab National Bank) and Oriental Bank of Commerce (represented by Sh. A K Jain, General Manager, Oriental Bank of Commerce). The Trust Deed has been registered under the Indian Registration Act, 1908. The Mutual Fund was registered with SEBI on 24th January 2013 under Registration Code MF/071/13/01.

Detailed Profile of the Members Constituting the Board of Trustees of IIFCL Mutual Fund +Read more

Directors of IAMCL can be accessed

IFCL, being the Sponsor of IIFCL Mutual Fund, has established IIFCL Asset Management Company Limited (IAMCL) for the purpose of the management of assets under various schemes of Infrastructure Debt Fund launched by IIFCL Mutual Fund. IIFCL Mutual Fund has entered into the Investment Management Agreement with IAMCL for this purpose.

IAMCL has been registered under the Companies Act, 1956 and has also been granted permission by SEBI to act as the Asset Management Company of IIFCL Mutual Fund.

IAMCL is managed by its Board of Directors. Currently it has 6 Directors on its Board.

The detailed profile of the Directors of IAMCL can be accessed from here. +Read more