Indiabulls Financial Services is one of the nation’s leading private sector financial service providers dealing with Asset Management, Advisory services, Consumer Finance, etc. It offers investment options to prospective customers through an extensive number of consumer-focused tech points. Indiabulls Mutual Funds is one such investment option that offers long and short-term equity and debt-based schemes. The company may allocate up to 20% of its net assets for these security lending.
Indiabulls MF will use CRISIL Money Market index as a benchmark and track the performance of its various portfolios including Certificate of Deposits, Commercial papers, and Treasury Bills. As of 31st August 2018, it has feature returns of 7.19%, 7.37%, and 8.27% for 1 year, 3 year, and 5 years, respectively. It shows a solid portfolio, designed to maximise liquidity and maintain moderately low levels of overall risk.
Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
---|---|---|---|---|---|---|
Indiabulls Dynamic Bond Fund | Debt | Low to Moderate | 2.5% | 4 | ₹24 | |
Indiabulls Equity Hybrid Fund | Hybrid | Very High | 5.0% | 3 | ₹33 | |
Indiabulls Value Fund | Equity | Very High | 8.6% | 2 | ₹11 | |
Indiabulls Tax Savings Fund | Equity | Very High | 6.4% | 2 | ₹42 | |
Indiabulls Bluechip Direct Fund | Equity | Very High | 4.2% | 2 | ₹95 | |
Indiabulls Short Term Fund | Debt | Low to Moderate | 2.3% | 2 | ₹24 | |
Indiabulls Liquid Direct Fund | Debt | Low to Moderate | 3.2% | 2 | ₹241 | |
Indiabulls Arbitrage Fund | Hybrid | Low | 3.2% | 2 | ₹14 | |
Indiabulls Overnight Fund | Debt | Low | 3.3% | 1 | ₹38 | |
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Mutual fund name | Indiabulls Mutual Fund |
Asset management company name | HDFC Bank Ltd. |
Founded | March 24, 2011 |
AMC Incorporation Date | April 10, 2008 |
Sponsor name | Indiabulls Housing Finance Limited |
Trustee organisation | Indiabulls Trustee Company Ltd. |
Chairman | Mr. Ashok Kacker |
MD and CEO | Mr. Akshay Gupta |
Compliance Officer | Mr. Uday Diwale |
Investor Service Officer | Ms. Niyati Gupta |
— Registered with SEBI, AMFI & BSE
— Paperless sign up on web & app
— Expert recommendations
— ZERO fees !
You can invest in Indiabulls Mutual Fund online by following some simple steps. Mentioned below is the process to invest in this mutual fund.
Step 1. Log-in to your Groww account to access the necessary information. If you are a new user, register your details to create an account.
Step 2. Upload a copy of your Identity Proof, like Voter ID, Aadhaar, PAN Card, passport, Driving Licence, etc. It should be a document issued by the Central or State Government.
Step 3. Upload a Proof of Address document. It can be any identity proof document with your permanent address mentioned.
Step 4. Choose an appropriate investment period for the scheme.
Step 5. Select whether you want to invest in a low, medium, or high-risk scheme.
Step 6. Set your preferred mutual fund as Indiabulls Mutual Funds.
Step 7. Select “Invest One Time” if you want to invest a large amount; select “Start SIP” if you want to invest the amount via SIP.
The Indiabulls Mutual Fund online investment will reflect in your Groww account within 3 to 4 business days after completion of the process.
1. Mr. Veekesh Gandhi
Mr. Veekesh Gandhi is the sitting Equity Co-Fund Manager at Indiabulls Mutual Funds. He co-manages the Blue Chip Fund, Value Discovery Fund, Tax Saving Fund, and arbitrage Fund along with existing Fund Manager Mr. Sumit Bhatnagar.
An alumni of the University of Hartford, Mr. Gandhi has more than 19 years of experience behind him. He started his career at Motilal Oswal Securities, as an Equity Research Analyst. Later, he joined Merrill Lynch as a Research Analyst and was promoted as the Vice President of the Equity Research Department. He served a total of 11 years and 5 months in Merrill Lynch, functioning specifically in the Banking and Financial sector.
Mr. Veekesh Gandhi joined Indiabulls Asset Management in September 2018, as the Head of Investments of Equity. Currently, he handles Rs. 243.92 Crore via different investment options.
2. Mr. Malay Shah
Mr. Malay Shah was appointed as the Head of Fixed Income at Indiabulls Mutual Funds in August 2014. A Bachelors in Commerce and MMS (Finance) degree holder, Mr. Shah currently handles Indiabulls Liquid Fund, Indiabulls Ultra Short Term Fund, Indiabulls Gilt Fund, Indiabulls Income Fund, and Indiabulls Short Term Fund. This 36-year-old professional started his career in 2002 as a Dealer-Fixed Income in Parag Parikh Financial Advisory Services Limited. Later, he joined Derivium Capital & Securities Pvt. Ltd. in the same rank and held the position for 5 years. He was also appointed as the Head-Fixed Income in Peerless Mutual Fund in 2009, where he spent another 5 years.
Mr. Malay Shah joined Indiabulls MF in 2014, managing the entire fixed income portfolio. He oversees Rs. 83.17 Crore as investment options.
3. Mr. Saurabh Sharma
A graduate of Sri Venkateswara College, Mr. Saurabh Sharma holds a degree in Bachelor of Commerce and specialises in securitisation, risk, and audit. He is the acting Assistant Manager at Indiabulls MF, overseeing Liquid Funds and handling an asset of Rs. 3355.15 Crore.
Mr. Sharma started his career at D.R. Mehta & Associates in 2007. Four years later, he joined Indiabulls at Audit (2011) and was promoted to Senior officer in September 2013. He has been associated with the organisation for more than 8 years.
4. Mr. Karan Singh
Mr. Karan Singh holds the position of the Head of Fixed Income Research at Indiabulls Asset Management. He is a veteran professional of the Indian financial market, with over 15 years of experience in the field of Fixed Income Fund Management.
Mr. Singh completed his Bachelor’s Degree in Economics from Delhi University in 1996. He also studied in the Indian Institute of Finance and completed his CFA Level 1 from the CFA Institute. He also studied economics at the Faculty of Business and Economics at the University of Melbourne.
Mr. Karan Singh started his professional career as an Intern Analyst at IL&FS AMC Ltd. in 2002. After completing his internship, he was appointed as an Analyst for the Fund Management and Fixed Income department of Escorts AMC. He was appointed by ICRA Ltd. as the Senior Analyst for Banking and Finance department, from where he was appointed by Fidelity Investments as an Associate for Fixed Income.
Mr. Singh joined Religare Aegon AMC Ltd. as an Analyst for the Fixed Income department in October 2008. After associating with the organisation for three years, he shifted to DIOS Capital Advisors LLC in 2012 as the Director/Strategist. He also worked at the Taurus Group as the Strategist for Fixed Income in Mumbai.
Mr. Karan Singh joined the Indiabulls Asset Management organisation in May 2018, as the Head of Fixed Income Research. He currently oversees 14 different schemes and handles Rs. 618 Crore in association with the different investment options.
5. Mr. Ashok Brijmohan Kacker
Mr. Ashok Kacker is the Chairman of Indiabulls MF. The topper of the 1972’s M. Sc. (Physics) batch of University of Allahabad, Mr. Kacker has more than 3 decades of experience in association with the Government of India. He has served the country as an Indian Revenue Service Officer and Chief Commissioner of Income Tax. He also held senior positions both in executive capacities and policy formulation roles.
Mr. Ashok Kacker also served as the Executive Director with the Securities Exchange Board of India. During his tenure, he was involved in various committees of SEBI for policy formulation purposes. He is also the founder and Managing Partner of A.K. Advisors and Consultants, an advisory company offering its expertise to Indiabulls Group of Companies.
Now let us jump and check about these top 10 mutual fund schemes.
Fund Performance: The Indiabulls Dynamic Bond Fund comes under the Debt category of Indiabulls Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Indiabulls Dynamic Bond Fund is ₹500 and for SIP, it is ₹500.
Min Investment Amt | ₹500 |
---|---|
AUM | ₹24Cr |
1Y Returns | 2.5% |
Fund Performance: The Indiabulls Equity Hybrid Fund comes under the Hybrid category of Indiabulls Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Indiabulls Equity Hybrid Fund is ₹500 and for SIP, it is ₹500.
Min Investment Amt | ₹500 |
---|---|
AUM | ₹33Cr |
1Y Returns | 5.0% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 12.58% & 5.03%. The Indiabulls Value Fund comes under the Equity category of Indiabulls Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Indiabulls Value Fund is ₹500 and for SIP, it is ₹500.
Min Investment Amt | ₹500 |
---|---|
AUM | ₹11Cr |
1Y Returns | 8.6% |
Fund Performance: The Indiabulls Tax Savings Fund comes under the Equity category of Indiabulls Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Indiabulls Tax Savings Fund is ₹500 and for SIP, it is ₹500.
Min Investment Amt | ₹500 |
---|---|
AUM | ₹42Cr |
1Y Returns | 6.4% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 9% & 8.92%. The Indiabulls Bluechip Direct Fund comes under the Equity category of Indiabulls Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Indiabulls Bluechip Direct Fund is ₹500 and for SIP, it is ₹500.
Min Investment Amt | ₹500 |
---|---|
AUM | ₹95Cr |
1Y Returns | 4.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 4.57% & 5.98%. The Indiabulls Short Term Fund comes under the Debt category of Indiabulls Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Indiabulls Short Term Fund is ₹500 and for SIP, it is ₹500.
Min Investment Amt | ₹500 |
---|---|
AUM | ₹24Cr |
1Y Returns | 2.3% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 4.1% & 5.33%. The Indiabulls Liquid Direct Fund comes under the Debt category of Indiabulls Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Indiabulls Liquid Direct Fund is ₹500 and for SIP, it is ₹500.
Min Investment Amt | ₹500 |
---|---|
AUM | ₹241Cr |
1Y Returns | 3.2% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 3.92% & 4.93%. The Indiabulls Arbitrage Fund comes under the Hybrid category of Indiabulls Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Indiabulls Arbitrage Fund is ₹500 and for SIP, it is ₹1,000.
Min Investment Amt | ₹500 |
---|---|
AUM | ₹14Cr |
1Y Returns | 3.2% |
Fund Performance: The Indiabulls Overnight Fund comes under the Debt category of Indiabulls Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for Indiabulls Overnight Fund is ₹500 and for SIP, it is ₹500.
Min Investment Amt | ₹500 |
---|---|
AUM | ₹38Cr |
1Y Returns | 3.3% |
One can start investing in Indiabulls Mutual Fund online through Groww without any hassles. Alternatively, they can also invest through the respective fund houses’ website. One can also make use of any other online platform or mobile application to invest in Indiabulls Mutual Funds.
To calculate Indiabulls Mutual Fund SIP, one needs to take into account certain things such as:
To redeem Indiabulls Mutual Funds through offline mode, one can visit the nearest fund house and submit a form. Alternatively, an investor can also visit the official website and redeem the investment by signing in with the folio number. They can also withdraw their Indiabulls Mutual Fund investments from any online portal where they have invested.
An Indiabulls Mutual Fund sip amount can be increased with the help of Step-up or top-up SIPs. Earlier, this facility was provided by very few fund houses. Now, however, most of them offer it but it is advisable to check with the fund house first. If the facility is available, it is advisable to check with Step-up Calculator to calculate the SIP Amount and then take any decision.
Yes, you can stop your SIP online at any time by just placing a Cancel SIP request. To stop or cancel your SIP, you can either log in to the Indiabulls Mutual Funds website with a folio number or contact your agent or check the steps on the online investment platform where you have invested.
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