|Min SIP Amount||₹500|
|NAV||₹1093.44 (02 Jul 2020)|
|Fund Started||16 May 2019|
|Fund Size||₹45 Cr|
|LIC Housing Finance Ltd.||Financial||NCD||12.6%|
|Power Finance Corpn. Ltd.||Financial||Debenture||9.5%|
Indiabulls Banking And PSU Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 16 May 2019. Karan Singh is the Current Fund Manager of Indiabulls Banking And PSU Debt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹45 Cr and the Latest NAV as of 02 Jul 2020 is ₹1093.44.
The Indiabulls Banking And PSU Debt Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. Exit load of 0.25% if redeemed within 3 days.
The scheme seeks to generate income over short to medium term horizon through investments in debt and money market instruments of various maturities, consisting predominantly of securities issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs).