|Min SIP Amount||₹500|
|NAV||₹18.45 (10 Jul 2020)|
|Fund Started||04 Mar 2013|
|Fund Size||₹29 Cr|
Indiabulls Income Fund Direct Growth is a Debt Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 04 Mar 2013. Malay Shah is the Current Fund Manager of Indiabulls Income Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹29 Cr and the Latest NAV as of 10 Jul 2020 is ₹18.45.
The Indiabulls Income Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
The primary investment objective of the Scheme is to generate a steady stream of income and or medium to long term capital appreciation gain through investment in fixed income securities. However, there can be no assurance that the investment objective of the scheme will be achieved.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.