| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.03% |
| NAV | ₹21.57 (06 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹123 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 11.3% |
| HDFC Bank Ltd. | Financial | Equity | 9.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.2% |
| Tata Consultancy Services Ltd. | Technology | Equity | 7.0% |
| ICICI Bank Ltd. | Financial | Equity | 5.7% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.6% |
| Axis Bank Ltd. | Financial | Equity | 4.2% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.2% |
| Britannia Industries Ltd. | FMCG | Equity | 3.1% |
Indiabulls Bluechip Direct Fund Growth is a Equity Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sumit Bhatnagar is the Current Fund Manager of Indiabulls Bluechip Direct Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹123 Cr and the Latest NAV as of 06 Jul 2020 is ₹21.57.
The Indiabulls Bluechip Direct Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. Exit load of 1%, if redeemed within 7 days.
The primary investment objective of the Scheme is to seek to provide long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related securities of blue-chip large-cap companies.
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.