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IIFL Mutual Fund

Corporate Profile

Constitution of the Mutual Fund

IIFL Mutual Fund ("the Mutual Fund" or "the Fund") has been constituted as a trust on April 29, 2010 in accordance with the provisions of the Indian Trusts Act, 1882 (2 of 1882) with India Infoline Limited (Settler) and India Infoline Trustee Company Limited as the Trustee. The Trust Deed has been registered under the Indian Registration Act, 1908. The Mutual Fund was registered with SEBI on March 23, 2011 under Registration Code MF/067/11/02.

Settlor/Sponsor

IIFL Mutual Fund is a Trust settled by India Infoline Limited (‘Settler’), which has entrusted a sum of Rs. 1, 00,000 to the Trustee, as the initial contribution towards corpus of the Mutual Fund. In order to integrate the Fund Management Business and Asset Management Business, the entire equity shareholding of India Infoline Asset Management Company Limited (Investment Manager to IIFL Mutual Fund – ‘IIFL AMC’) and India Infoline Trustee Company Limited (Trustee to IIFL Mutual Fund – ‘IIFL Trustee’) held by India Infoline Limited was transferred to its subsidiary IIFL Wealth Management Limited (IIFL Wealth), on October 18, 2013. Accordingly, IIFL Wealth holds the entire share capital of IIFL AMC and IIFL Trustee and acts as Sponsor to IIFL Mutual Fund. The said restructuring was within the IIFL Group, effected pursuant to SEBI NOC letter dated October 17, 2013 and did not amount to any change in controlling interest of IIFL AMC. The registered office of IIFL Wealth is at IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane – 400 604.

Brief Profile of IIFL Wealth (Sponsor)

IIFL Wealth was incorporated on 17th January 2008 and it obtained its PMS licence from SEBI on May 13, 2008, and over last five years, it has provided management and advisory services to the individuals, firms, associations, institutions, corporate and also provide complete range of financial services. As on September 30, 2013, the total assets under management were more than Rs. 9,400 Crore, under PMS activity.

Trustee

India Infoline Trustee Company Limited ("Trustee Company") was incorporated on June 05, 2009 under the Companies Act, 1956 and is the Trustee to IIFL Mutual Fund vide Trust deed dated April 29, 2010 executed between India Infoline Limited (‘Settler’) and Trustee Company. The Trustee ensures that the transactions entered into by the AMC are in accordance with the SEBI Regulations and will also review the activities carried on by the AMC. The Board of Directors of the Trustee Company comprises of eminent personalities with varied experience

Asset Management Company

India Infoline Asset Management Company Ltd. ("AMC") was incorporated under the Companies Act, 1956 on March 22, 2010, having its Registered Office at IIFL Centre, 6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai 400 013. AMC has been appointed as the Investment Manager to IIFL Mutual Fund by the Trustee vide Investment Management Agreement (IMA) April 29, 2010, executed between India Infoline Trustee Company Ltd. and India Infoline Asset Management Company Ltd. The Board of Directors of the AMC comprises of eminent personalities with varied experience.

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