Products & Services

What are mutual funds?

In a mutual fund, money from various investors is pooled together and invested in a portfolio of instruments. A mutual fund may invest only in equities or debt instruments or a mixture of the two, also called balanced funds.

Why invest in mutual funds?

Mutual funds are ideal for investors who do not like to put all their eggs in one basket. Along with diversification, mutual funds offer the advantages of professional management of funds and low costs.[Read more]

Investment in mutual funds offers the following advantages:-

  • Diversification of portfolio: Since mutual funds invest in a bouquet of instruments, they offer an effective means of diversification for the investor.
  • Professional management: Mutual funds are an excellent means of investment for people who do not have the time or the expertise to study the markets in depth before making investment decisions. The funds are generally managed by well-qualified fund managers, and it is always prudent to check the fund manager’s background before investing in a fund.
  • Low cost: A mutual fund unit is much less expensive than the individual stocks in which the fund has invested. Thus, with a given amount of money, an investor can buy more number of units of mutual funds than individual stocks.
  • Tax Benefits: Investment in mutual funds offers several tax benefits. For example,dividends received through mutual funds are exempt from tax, while investment in certain types of mutual funds is deductible from the taxable income to reduce the tax liability. Thus, mutual funds can be used as effective tools fortax planning.

How do I invest in mutual funds?

Mutual funds can be bought through a mutual fund distributor or agent. Mutual fund units are also traded on exchanges and can be bought and sold therefrom. IIFL offers both services, acting as a distributor agent for mutual funds, as well as offering broking services for trading in the markets. more

IIFL Offering

With a presence in over 700 locations across the country, IIFL is one of the largest distributors of mutual funds in India with a reach across the length and breadth of the country. Further, for investors who wish to buy mutual fund units from the market, we offer a recognized and well-established broking service, with a rich broking experience of more than a decade. Our proprietary trading software, the Trader Terminal, enables you to trade online, with the flexibility of using it either as a desktop application or as a Web application.
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