Investment Focus
FIIF is an open end index scheme, and offers two
options - the BSE Sensex plan and the NSE Nifty plan.
Index funds are schemes that provide returns similar to the returns of the index they
track.
While they are a relatively new investment in India, they are popular among individual and
institutional investors the world over on account of their lower cost and diversification.
Why FIIF?
High Quality Portfolio - Stocks of India’s best companies make up
these broad market indices.
Diversification - BSE Sensex and Nifty represent stocks from 14 and 25
sectors respectively, ensuring adequate diversification.
Low Cost - As it is a passively managed scheme, the costs on research and
trade execution are lower
| Performance Snapshot |
|
Last
6 Months |
Last
1 Year |
Last
3 Years* |
Last
5 Years* |
Since
Inception* |
| FIIF -
Nifty Plan |
61.02% |
6.55% |
13.48% |
23.56% |
15.48% |
| S&P
CNX Nifty |
61.28% |
7.00% |
13.82% |
23.19% |
15.00% |
| FIIF -
BSE Plan |
65.68% |
8.97% |
13.78% |
24.37% |
20.58% |
| BSE
Sensex |
66.28% |
9.16% |
13.39% |
24.80% |
21.62% |
|
Past performance
may or may not be sustained in the
future.
* Compounded and
annualised. As on July 31, 2009.
|
Highlights
- Daily NAV
- Choice: Growth Plan
(Reinvestment & Payout options)
- Easy liquidity: Transactions are processed
within 4 working days normally
- Convenience of Systematic Investment
Plan: The ideal way to accumulate wealth over the long term
- NRIs can invest on a fully repatriable basis
Fund information
| Net Asset Value |
Calculated and disclosed on all business days |
Minimum Investments : |
|
New Investment
Additional Investments |
Rs. 5,000
Rs. 1,000 |
Load |
| Amount (Rs.) |
Entry Load |
Exit Load |
Any
Amount |
Nil |
1.00%* |
*
If redeemed within 30 days from the date of allotment. |
| Systematic Investment Plan |
Minimum Amount Rs. 500 per month for 12months, Rs. 1000 per month
for 6 months |
| Systematic Withdrawal Plan |
Withdrawal of capital appreciation, fixed amount or a minimum of Rs.
500 per month/quarter. |
| Tax Benefits |
Indexation Benefits
Units are not liable to wealth tax and gift tax.
No TDS on Redemptions for resident investors |
|
