|Min SIP Amount||₹500|
|NAV||₹10.34 (08 Jul 2020)|
|Fund Started||06 Dec 2018|
|Fund Size||₹28 Cr|
|Tata Consultancy Services Ltd.||Technology||Equity||6.2%|
|HDFC Bank Ltd.||Financial||Equity||5.5%|
|Reliance Industries Ltd.||Energy||Equity||5.4%|
|Larsen & Toubro Ltd.||Construction||Equity||4.4%|
|ICICI Bank Ltd.||Financial||Equity||3.9%|
|Titan Company Ltd.||Cons Durable||Equity||3.7%|
|Bank Of Baroda||Financial||CD||3.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.5%|
Indiabulls Equity Hybrid Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Essel Mutual Fund. This scheme was made available to investors on 06 Dec 2018. Malay Shah is the Current Fund Manager of Indiabulls Equity Hybrid Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹28 Cr and the Latest NAV as of 08 Jul 2020 is ₹10.34.
The Indiabulls Equity Hybrid Fund Direct 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.
The Scheme seeks to generate periodic return and long term capital appreciation from a judicious mix of equity and debt instruments.
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.