IIFCL Asset Management emerged as a government company in 2006. They stand out as a company that prioritizes public-private joint projects. It is a very reliable company in terms of being a government company. They support customers on Debt fund issues.
IIFCL Asset Management Co. Ltd. Debt Fund series
There are 2 funds they offer under the name of debt funds. Let’s examine them in order.
- IIFCL Mutual Fund Infrastructure Debt Fund – Serıes I
The program is a program of “300 Crores” size. This program was launched in 2013 and aims to gain capital gains by investing in infrastructure debt instruments. The income earned in the program is invested in the growth option. The growth value is announced every 3 months. Its duration was determined as 10 years, but it was closed to subscription in 2014.
- IIFCL Mutual Fund Infrastructure Debt Fund – Serıes II
This program is a debt fund program with an investment of “200 Crore”. Again, this program primarily aimed to invest in debt instruments and gain capital gains in the long term. CRISIL Composite Bond Fund Index has been designated as a comparison index. The program was closed to users in 2017.