| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.03% |
| NAV | ₹23.68 (23 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹128 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 11.1% |
| HDFC Bank Ltd. | Financial | Equity | 9.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 8.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.2% |
| ICICI Bank Ltd. | Financial | Equity | 5.8% |
| Axis Bank Ltd. | Financial | Equity | 4.5% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.4% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.3% |
| Bajaj Finance Ltd. | Financial | Equity | 3.9% |
| Yes Bank Ltd. | Financial | Equity | 3.8% |
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 ₹128 Cr and the Latest NAV as of 23 Oct 2020 is ₹23.68.
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 scheme seeks to achieve long-term appreciation from a portfolio that invests 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.