Indiabulls Bluechip Direct Fund Growth is a Equity Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Sumit Bhatnagar is the Current Fund Manager of Indiabulls Bluechip Direct Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹209 Cr and the Latest NAV as of 17 Oct 2019 is ₹23.67.
The Indiabulls Bluechip Direct Fund Growth is rated High risk. Minimum SIP Investment is 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1%, if redeemed within 7 days.