IIFCL Mutual Fund (IDF) has successfully launched and closed its maiden Infrastructure Debt Fund Scheme “IIFCL MUTUAL FUND INFRASTRUCTURE DEBT FUND – SERIES I” of the size of ` 300 Crores. The scheme was launched on 31stDecember 2013 under the private placement route. Since then, the scheme has received an investment of ` 300 Crore and the scheme was closed for further subscription on 9thFebruary 2014.
The first investors of the scheme are as below:
Investor Amount Subscribed (‘Crore) IIFCL (Strategic Investor) 130 Canara Bank 100 HUDCO 50 OBC 10 Corporation Bank 10 Total 300
Highlights/Summary Of the Scheme
Scheme Name IIFCL Mutual Fund Infrastructure Debt Fund Series I Name of the Asset Management Company IIFCL Asset Management Company Limited (IAMCL) Scheme Rating Credit Analysis & Research Limited – CARE AAA (MF-IDF)& Brickwork- BWR AAAidf mfs Tenure 10 years Investment Objective To generate income and capital appreciation by investing primarily in infrastructure debt instruments as permitted by SEBI from time to time. There is no assurance or guarantee that the objective of the Scheme will be realised Investment Option Growth Option: The income earned in the Scheme shall remain invested in the growth option. No dividend shall be declared in this option. Load Nil Transparency & NAV Disclosure The net asset value (“NAV”) of the Scheme is calculated and declared at the end of each quarter. NAV is also hosted
on www.iifclmf.com and www.amfiindia.com
Benchmark Index CRISIL Composite Bond Fund Index Registered/Corporate Address of IAMCL 301-312, 3rd Floor, Ambadeep Building, 14 K.G. Marg, New Delhi-110001