IIFL Asset Management launches capital enhancer fund

Our Bureau | | Updated on: Apr 20, 2018

The IIFL Asset Management has launched the IIFL Capital Enhancer Fund - Series 1, an annual interval scheme investing in equity and equity-related securities. The objective of this scheme which will be launched during the weekend is to achieve long-term capital appreciation by investing in equity and equity-related securities, with the strategy of hedging the portfolio with Nifty 50 Put Option and other equity derivatives.

According to current statistics, investors in India prefer fixed income over equity. This is due to the understanding that fixed income ensures regular and stable returns in addition to security of capital whereas equity is quite risky.

Prashasta Seth, CEO, IIFL Asset Management and Fund Manager of the scheme, said, “People are slowly identifying value in long-term investment and opening up to the risks involved as well.”

Published on April 20, 2018
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