|Min SIP Amount||Not Supported|
|NAV||₹12.65 (07 May 2021)|
|Fund Started||03 Mar 2017|
|Fund Size||₹112 Cr|
|Reliance Industries Ltd.||Energy||Equity||11.3%|
|HDFC Bank Ltd.||Financial||Equity||9.9%|
|Tata Consultancy Services Ltd.||Technology||Equity||7.9%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||7.7%|
|ICICI Bank Ltd.||Financial||Equity||6.2%|
|Hindustan Unilever Ltd.||FMCG||Equity||4.9%|
|Yes Bank Ltd.||Financial||Equity||4.5%|
|Axis Bank Ltd.||Financial||Equity||3.9%|
|State Bank of India||Financial||Equity||3.4%|
Indiabulls Bluechip Direct IDCW Monthly is a Equity Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 03 Mar 2017. Sumit Bhatnagar is the Current Fund Manager of Indiabulls Bluechip Direct IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹112 Cr and the Latest NAV as of 07 May 2021 is ₹12.65.
The Indiabulls Bluechip Direct IDCW Monthly is rated Very High risk. Minimum SIP Investment is set to 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.