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As of July 24, 2015 IIFL Mutual Fund - IIFL NIFTY ETF has been acquired by IIFL Mutual Fund - IIFL India Growth Fund. IIFL Mutual Fund - IIFL NIFTY ETF is an exchange traded fund launched by India IIFL Wealth Management Limited. The fund is managed by India Infoline Asset Management Company Ltd. It invests in the public equity markets of India. The fund invests in stocks of companies operating across diversified sectors. It primarily invests in stocks of large-cap companies. The fund seeks to replicate the performance of the CNX Nifty Index, by investing in stocks of companies as per their weightings in the index. IIFL Mutual Fund - IIFL NIFTY ETF was formed on October 18, 2011 and is domiciled in India.
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