1M
6M
1Y
3Y
5Y
All
| NAV: 31 Mar 2023 | ₹15.89 |
| Min. SIP amount | ₹500 |
| Rating | 2 |
| Fund size | ₹14.05Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 4.3% | 3.4% | 4.5% | 5.7% |
| Category average | 4.7% | 3.8% | 4.6% | NA |
| Rank with in category | 23 | 22 | 16 | NA |
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Holdings (20)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Kotak Mahindra Bank Ltd. | Financial | Equity | 7.4% |
Reserve Bank of India | Financial | T-Bills | 7.1% |
Reserve Bank of India | Financial | T-Bills | 7.0% |
| ICICI Bank Ltd. | Financial | Equity | 6.8% |
| UPL Ltd. | Chemicals | Equity | 6.4% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 6.1% |
| Can Fin Homes Ltd. | Financial | Equity | 4.4% |
| Housing Development Finance Corporation Ltd. | Financial | Equity | 3.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.7% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 3.7% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
Cons
Lower expense ratio: 0.58%
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 0.58%
Inclusive of GST
Exit load
Exit load of 0.25% if redeemed within 1 month
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
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Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Sumit BhatnagarMay 2021 - PresentView details
Sumit Bhatnagar
May 2021 - Present
View details
Education
Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).
Experience
Prior to joining Indiabulls Mutual Fund he has worked with SEBI.
Also manages these schemes
Karan SinghMay 2020 - PresentView details
Karan Singh
May 2020 - Present
View details
Education
Mr. Singh is B.A (Honours) in Economics, PGDBF & CFA - Level 1
Experience
Prior to joining IndiaBulls Mutual Fund he has worked with Taurus Corporate Advisory Services Ltd., DIOS Capital, Invesco Asset Management Company Ltd., Fidelity Investments and ICRA Ltd.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Indiabulls Finance Centre - 11th Floor,Elphinstone Mills, Senapati Bapat Marg,Elphinstone (W), Mumbai 400013
Phone
022-61891300 / 1800-2666-002
Launch Date
10 Apr 2008
E-mail
[email protected]Website
NA
Indiabulls Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
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