India Infoline MF: IIFL Dividend Opportunities Index Fund,

India Infoline Asset Management Company (IIFL AMC) on recently launched its second equity fund, IIFL Dividend Opportunities Index Fund, an open-ended index fund, which would invest in stocks constituting CNX Dividend Opportunities Index.

CNX Dividend Opportunities Index is a thematic index of 50 high dividend yield companies listed on NSE &  spread about 25 diversified sectors.

R. Venkataraman, MD, IIFL. said, ''The constituent stocks comprise largeand midcap stocks selected from a universe of 300 stocks selected on the basis of their dividend yield. The index chosen for benchmarking investments in the scheme is the best performing index &  has outperformed

major indices in the last 4 years” 

R. Venkataraman, MD, IIFL

CNX Dividend Opportunities Index has outperformed other key indices like S&P CNX, CNX 100 & CNX Midcap index in terms of return since October 2007 as dividend index base date.The index is owned and maintained by India Index Services & Products, a joint venture between NSE &  Crisil.

The stocks in the index are rebalanced every year in October. Companies are selected out of top 300 companies by average free float market capitalisation & aggregate turnover for the last 6 months.

The new fund offer opens on June 6, and closes on today June 19, 2012.

 

Contact Mumbai (Corporate Office)
India Infoline Asset Management Company Ltd.
IIFL Centre, 3rd Floor Annex,
Kamala City, Senapati Bapat Marg,
Lower Parel, Mumbai- 400013
Telephone Number - 022-42499000
Fax Number - 022-24954310

Investor Relation Officer
Mr. Ashutosh Naik - IIFL Mutual Fund
IIFL Centre, 3rd Floor Annex,
Kamala City, Senapati Bapat Marg,
Lower Parel, Mumbai- 400013. Telephone Number - 022-42499000
Fax Number - 022-24954310

Customer Care
Toll Free No : 1800-200-2267 Email Id : info.iiflmf@indiainfoline.com
 

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