Lotus Capital Fixed Income Fund (FIF)

Lotus Capital

About the fund

Medium Risk
Fixed Income Fund

The Lotus Halal Fixed Income Fund is an open-ended mutual fund that invests in Shariah compliant fixed income instruments. The Fund is specifically designed for ethical investors with a low risk appetite. The Lotus FIF invests in fixed income instruments such as Sukuk (non-interest bonds) and fixed return contracts such as Ijarah (lease) and Murabaha (cost-plus) contracts. The Fund does not invest in equities or interest-bearing securities like treasury bills or conventional term deposits.

Fund Information

Min Amount
₦10,000.00
Max Amount
₦230,000,000.00
Yield-to-date
23.74%
Fund Size
250000000
Minimum tenor
1 Months
Maximum tenor
60 Months
Permit top-up
Yes
Permit roll over
No
Roll-over type
N/A
Permit Early termination
No
Management fee
1.5%
Processing time
24 Hours
Launch date
1st of Jan, 2001
Status of fund
Open Ended
Transaction fee
N/A
Expense ratio
N/A
Age limit
18 - 60 years
Provider's page
view provider
Nature of fund
Short term Instrument
Fund manager
N/A
Product available in
Nigeria
States present
1
Requirements
Valid proof of residence
Valid means of identification (International Passport, Driver's license, National Identity Management Commission (NIMC) Card, Voter's card)
Valid Residence or Work Permit (Foreigners).
Copy of valid means of ID
Active and valid phone number
How to invest

Click on the button to begin your investment journey

Calculator

Please note that whatever you calculate is just an estimation

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Investment Summary
Risk profileMedium
Tenor (months)1
Annualized year to date return23.74%
Projected return₦NaN
Total investment return₦NaN
How to earn

Aims to provide attractive returns comparable to conventional fixed income investments.

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