Easy Invest is a discretionary portfolio management product that will build your portfolio over time, with small investments at regular intervals. As fund manager, IDLC will follow a disciplined and structured investment process, and reduce the risk of market volatility.
Key Features
- Easy Invest can be started with very small amount of money, so it is affordable
- "Auto Debit" instruction facility to eliminate need for physical submission of cheques
- Opportunity to get rebate on income tax and tax exemption for individual on capital gain
- Reduces risk because of cost averaging over a long time horizon
- Accidental Death and Disability Insurance Coverage up to BDT 1 Lac per year (optional)
- Long term financial solutions for children’s education, marriage etc.
- Disciplined and systematic approach of investment
Key Information
- Monthly investment amount (Individual/Institutions): BDT 5,000 & in multiple of BDT 1,000
- Investment Tenure : 5 & 10 years
Fees and Charges
- Account Opening Fee: BDT 500
- Management Fee: 3.00% p.a. on market value of securities, charged quarterly
- Settlement Fee: 0.50% on transaction value
- Insurance Premium: BDT 74 per year (optional)
- Early Exit Fee: Not Applicable
Out of Pocket and Third Party Charges (Central Depository, SMS charges etc.): At actual basis
* Subject to change at the discretion of portfolio Manager
Required Documents
- 2 Passport Size Photographs of Applicant (Applicant’s signature and name in block letter)
- 1 Passport Size Photograph of Nominee (Attested by the Applicant)
- Copy of National ID (Applicant and Nominee)
- Cheque Leaf/Bank Statement/Bank Certificate
- Photocopy of Employee ID Card/Letter of Introduction from Employer/Visiting Card/Approval of Operational Head (if Applicant is a service holder)
- 12 Digit Tin Certificate (Optional)
*Based on profession, additional supporting documents may be required. For a complete list, please click here.
Contact Person's Information
- Hotline Number: +880170 8457025 (9.30 AM to 4.30 PM on working days)
- Mostafa Khalid Mahmud Rubel, CFA: +8801313 792681
- Imrul Hasan : +8801302 609801
“Capital market investments are subject to market risks and there is no assurance or guarantee that the objective will be achieved. However, As fund manager, IDLC will follow a disciplined and structured investment process to reduce the risk of market volatility.”
FAQ
Easy Invest is a discretionary portfolio management product that will build your portfolio over time, with small investments at regular intervals. As fund manager, IDLC will follow a disciplined and structured investment process, and reduce the risk of market volatility.
Any Bangladeshi Individual (over 18 years old)
Institutions/Provident fund
Institutions/Provident fund
Possibility of higher return in long-term investment. Return of Fixed Deposit just covers the inflation.
Allowed for Tax rebate
Capital gain is totally tax exempted
Allowed for Tax rebate
Capital gain is totally tax exempted
Dedicated expert research team
The ‘Investment Committee’ comprises of fund managers who have more than 18 years’ experience in local capital market
The ‘Investment Committee’ comprises of fund managers who have more than 18 years’ experience in local capital market
The fund will be invested in selected blue chip stocks, which have proven corporate governance, good performance history and growth potential.
It is not possible to assure any kind of return in stock market like FDR/DPS; but IDLC has 12 years’ strong track record of beating the market index.
Capital market investment is subject to market risk and there is probability of loss. However, risk can be reduced by cost averaging irrespective of market conditions. Also, Investing over a long time horizon in selective blue chip stocks will minimize the downside risk.
Portfolio and transaction statement will be sent to the clients on quarterly basis (April, July, October, and January) through E-mail. Although, clients can access his/her weekly portfolio from our web portal (https://i-trade.idlc.com/)
Yes, you can deposit any amount as additional investment in your account at any time during the lifetime of the scheme.
The investment amount will be collected through Direct Debit Instruction (Auto Debit) from the client’s bank account electronically. There is no need of physical submission of cheques. Collection date will be 7th of every month (If 7th of any month is holiday/weekend, it will be collected on following working day).
Yes, IDLCIL will notify through SMS prior to your payment due date and for non-payment reported by the bank.
Management fee will be accrued daily as (3.0/360) % = 0.0083% on daily market value of the portfolio. It will be charged quarterly.
Yes. The charges will be deducted from the account time to time. You do not need to make any payment for fee and charges separately.
The longer you keep the money invested, the faster it will grow. The investment starts to earn returns and these returns again start to earn money. Power of compounding will be the tool that generally makes a small sum grow to large amount.
Disciplined and periodic investment brings more return than one-off lump sum investment. Let’s have a look at the following example:
Month Price Easy Invest Investor One Off Investor
Amount Invested Quantity Accumulated Amount Invested Quantity Accumulated
Jan 10 3000 300 18000 1800
Feb 11 3000 272
Mar 9 3000 333
Apr 8 3000 375
May 8 3000 375
Jun 11 3000 272
Total quantity accumulated 1,927 1,800
Market value of investment 21,197 19,800
Current market price 11 11
Avg. Costing/stock 9.3 10
Return % 18% 10%
Periodic investment through Easy Invest will make 8% more return than one-off lump sum investment in this example.
Month Price Easy Invest Investor One Off Investor
Amount Invested Quantity Accumulated Amount Invested Quantity Accumulated
Jan 10 3000 300 18000 1800
Feb 11 3000 272
Mar 9 3000 333
Apr 8 3000 375
May 8 3000 375
Jun 11 3000 272
Total quantity accumulated 1,927 1,800
Market value of investment 21,197 19,800
Current market price 11 11
Avg. Costing/stock 9.3 10
Return % 18% 10%
Periodic investment through Easy Invest will make 8% more return than one-off lump sum investment in this example.
If monthly installment is unpaid for consecutive 6 months, account will be deactivated.
The account will be renewed after expiry of the scheme with no time bar unless client requests for closure. Total asset value of the portfolio will be paid to clients at the time of closure.
Preferred payment mode to clients is BEFTN; However, Cheque may be issued on client’s requirement.
Yes; Accidental Death and Disability Insurance Coverage (up to BDT 1 Lac per year) is attached with this product. It is “optional”.
Yes; you need to submit an application for the proposed change.
No margin loan will be provided.
IDLC will follow mostly “Buy and Hold” strategy.
• 2 Passport Size Photographs of Applicant (Applicant’s signature and name in block letter)
• 1 Passport Size Photograph of Nominee (Attested by the Applicant)
• Copy of National ID (Applicant and Nominee)
• Cheque Leaf/Bank Statement/Bank Certificate
• Photocopy of Employee ID Card/Letter of Introduction from Employer/Visiting Card/Approval of Operational Head (if Applicant is a service holder)
• 12 Digit Tin Certificate (Optional)
*Based on profession, additional supporting documents may be required. For a complete list, please click here.
• 1 Passport Size Photograph of Nominee (Attested by the Applicant)
• Copy of National ID (Applicant and Nominee)
• Cheque Leaf/Bank Statement/Bank Certificate
• Photocopy of Employee ID Card/Letter of Introduction from Employer/Visiting Card/Approval of Operational Head (if Applicant is a service holder)
• 12 Digit Tin Certificate (Optional)
*Based on profession, additional supporting documents may be required. For a complete list, please click here.
Due to regulatory requirements, you must have a bank account in your name to open an Easy Invest account.
You can withdraw your investment with return at any time.
There are no early exit fees.
After getting the closure request from investor, your portfolio will be liquidated at market price and the fund will be handed over to you at your preferred method within 5 working days. If there is any receivables, like dividend or refund from IPO application, maximum withdrawal will be processed within 5 working days. The rest of the amount will be transferred after getting the receivables from respective company.