Fund Details
Indiabulls Bluechip Fund Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.43% |
| NAV | ₹24.42 (22 Jan 2021) |
|---|---|
| Fund Started | 10 Feb 2012 |
| Fund Size | ₹128 Cr |
Returns
Comparison
1. Risk is lower compared to the benchmark
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the benchmark
3. 3Y Returns are lower than the benchmark
4. 5Y Returns are lower than the benchmark
5. Risk-adjusted returns are lower compared to the category
6. 1Y Returns are lower than the category average returns
7. 3Y Returns are lower than the category average returns
8. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 9.9% |
| HDFC Bank Ltd. | Financial | Equity | 8.5% |
| IDBI Bank Ltd. | Financial | Equity | 7.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.0% |
| ICICI Bank Ltd. | Financial | Equity | 6.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 6.3% |
| Yes Bank Ltd. | Financial | Equity | 4.5% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.3% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.2% |
| Axis Bank Ltd. | Financial | Equity | 3.0% |
Fund Managers
Indiabulls Bluechip Fund Growth Details
Indiabulls Bluechip Fund Growth is a Equity Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 10 Feb 2012. Sumit Bhatnagar is the Current Fund Manager of Indiabulls Bluechip Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹128 Cr and the Latest NAV as of 22 Jan 2021 is ₹24.42.
The Indiabulls Bluechip 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.
