Indiabulls Gilt Fund Growth is a Debt Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was introduced to investors on 10 Jan 2013. Malay Shah is the Current Fund Manager of Indiabulls Gilt Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹1 Cr and the Latest NAV as of 19 Dec 2018 is ₹1544.09.
The Indiabulls Gilt Fund Growth is rated Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
Investment Objective
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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹500
Min for First Investment
₹500
Min for Second Investment