"Mutual Funds - A service by IIFL" is a one-stop shop for smart mutual fund investors. Buy, Sell, Start instant SIP, Track & Monitor various types of Mutual Funds, get valuable recommendations, get market updates anytime, anywhere.
With this free app, one can view mutual fund scheme performance, latest industry news & expert advice from Fund Managers. One can also invest in zero commission direct mutual fund plans which tend to generate higher returns than regular plans for the investors. IIFL Securities enables simplified & instant trading of mutual fund investments for IIFL customers with easy-to-use mutual fund app that provides features such as:
OPEN MUTUAL FUND ACCOUNT
- Open free Mutual Fund Account in just few steps
- Paperless process
- Buy/Sell funds from the top Asset Management Companies (AMC’s)
- Zero commission direct plans
- Choose from various Equity oriented, Debt oriented & Hybrid(Balanced) Mutual Funds
- Invest in Equity Linked Saving Schemes (ELSS) i.e. Tax Saving Mutual Funds
- Get details of the fund: Performance, Fund Manager, Fund Horizon, Min Investment Amt, Exit load etc.
FINANCIAL PLAN 360
- Goal based advisory & investment tool to analyze your investment requirements for any financial goal based on your risk profile
- Monitor your financial goal investments basis IIFL research
- SIP (Systematic Investment Plan) allows investors to invest a fixed amt regularly in a mutual fund scheme for long term wealth goals
- Instant & paperless SIP with unique features
- SIP with First Order Today option provides you flexibility to process first SIP installment on the same day
- Instant & paperless mandate through internet banking
- NFO SIP as an additional option
- Easily save & grow wealth with SIP
- No requirement for paperwork, as generally required in case of offline SIPs
- Go to "Recommended" section on the dashboard
- See details, charts, historical performance etc. of the recommended fund
TRACK & MONITOR
- Track your investments, get portfolio insights & statements accompanied by various analytical tools
- View investments by asset classes
- Track orders, ongoing SIPs, annualized returns, dividends
- Download statements
- Portfolio 360 report containing statements & holding details of various assets including mutual funds as well as insurance statements & liability details as may be applicable.
- Invest in Tax Saving Mutual Funds
- ELSS MFs qualify for tax exemption (up to Rs. 1.5 lakhs) under section 80C of the Income Tax Act, 1961
- A paperless scheme designed for investment in short to medium term funds to provide high liquidity
- Instant online withdrawal facility 24*7
- Aim for higher returns than standard saving a/c’s when funds not required
- Min balance is Rs. 100 as against Rs. 1,000 or above in the Bank savings a/c
- Money is invested in Nippon Liquid Fund
- Scheme Information, Daily NAVs, NAV history & Assets Under Management (AUM).
- Detailed Asset Allocation across Sectors, Risk Ratings & Performance of Mutual Funds spanning ‘Returns since inception’ to ‘5-year CAGR’.
- Stay tuned to New Fund Offers (NFO)
- Get the latest & wide range of mutual fund industry related news & articles in the News section
- Read the Expert Talks, Fund Manager Speak & in-depth analysis from Fund Houses (AMCs)
OTHER IN-APP FEATURES
- Expert Support - A one-tap connect with our specialists to help exercise complete money control.
- Robust & Secure - App is secure & does not store any sensitive information on your device or SIM card.
- Guest user login - If you don’t have an a/c yet, log in only with your mobile no. & explore various features of this mutual fund app.
- Track notifications received in your app inbox through Notification Center.
- New tools such SIP Calculator, Tax Saving Calculator for Equity Linked Saving Schemes (ELSS).