|Min SIP Amount||Not Supported|
|NAV||₹1634.73 (19 Dec 2018)|
|Fund Started||10 Jan 2013|
|Fund Size||₹1 Cr|
|Reserve Bank of India||Financial||T-Bills||44.3%|
Indiabulls Gilt Fund Direct Growth is a Debt Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 10 Jan 2013. Malay Shah is the Current Fund Manager of Indiabulls Gilt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1 Cr and the Latest NAV as of 19 Dec 2018 is ₹1634.73.
The Indiabulls Gilt Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 500.
The scheme seeks to generate income and capital appreciation by investing predominantly in sovereign securities issued by Central Government (including Treasury Bills) and/or by State Government, without any restriction on the maturity of the portfolio. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.