To generate profit by investing in a portfolio of Shariah compliant securities, vetted by the Shariah Advisory Board. The fund intends to deliver the profit among the investors in the form of dividend as well as capital appreciation, strictly adhering to the Shariah principles.
Sponsor: IDLC Asset Management Limited (IDLC AML)
Asset Manager: IDLC Asset Management Limited (IDLC AML)
Trustee: Investment Corporation of Bangladesh (ICB)
Custodian: BRAC Bank Limited
EXIT AND ENTRY LOAD
Exit Load: Units surrendered in less than 90 calendar days of purchase will get 3% less (Exit Load) than the published “Investor’s Sale Price”. For IDLC SIP Investors, 90 calendar days will be calculated from 1st installment date
Entry Load: 0%
Minimum 70% of realized income of the Fund will be distributed as dividend in Bangladeshi Taka only at the end of each accounting year.
NAV as on 25th February 2021
|IDLC AML Shariah Fund||27.2%||1.1%|
IDLC AML Shariah Fund has generated a return of 27.2% (25.0% annual return) since inception. Accordingly if you had invested BDT 100,000 at inception, it would have been BDT 127,200 as of today.