Fund Details
Indiabulls Bluechip Direct Fund Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.03% |
| NAV | ₹28.13 (20 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹128 Cr |
Returns
Comparison
1. Lower expense ratio - 1.03%
2. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 11.5% |
| Reliance Industries Ltd. | Energy | Equity | 9.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 7.7% |
| ICICI Bank Ltd. | Financial | Equity | 7.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.9% |
| Bajaj Finance Ltd. | Financial | Equity | 5.6% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.5% |
| Yes Bank Ltd. | Financial | Equity | 4.1% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.0% |
| Axis Bank Ltd. | Financial | Equity | 3.8% |
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 ₹128 Cr and the Latest NAV as of 20 Jan 2021 is ₹28.13.
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.
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.
