Fund Details
Indiabulls Bluechip Direct Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.03% |
| NAV | ₹28.35 (09 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹113 Cr |
Returns
Comparison
1. Lower expense ratio - 1.03%
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 11.6% |
| HDFC Bank Ltd. | Financial | Equity | 10.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.8% |
| Tata Consultancy Services Ltd. | Technology | Equity | 7.1% |
| ICICI Bank Ltd. | Financial | Equity | 6.8% |
| Yes Bank Ltd. | Financial | Equity | 4.5% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.3% |
| Axis Bank Ltd. | Financial | Equity | 4.0% |
| State Bank of India | Financial | Equity | 3.6% |
| Bajaj Finance Ltd. | Financial | Equity | 3.3% |
Fund Managers
Indiabulls Bluechip Direct Fund Growth Details
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 ₹113 Cr and the Latest NAV as of 09 Apr 2021 is ₹28.35.
The Indiabulls Bluechip Direct Fund Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. Exit load of 1%, if redeemed within 7 days.
Investment Objective
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.
Tax Implications
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.
