How to Invest in Indiabulls Income Fund Direct IDCW Monthly?

You can easily invest in Indiabulls Income Fund Direct IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Indiabulls Income Fund Direct IDCW Monthly from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Indiabulls Income Fund Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Indiabulls Income Fund Direct IDCW Monthly provide?

The Indiabulls Income Fund Direct IDCW Monthly has been there from 04 Mar 2013 and the average annual returns provided by this fund is 7.55% since its inception.

How much expense ratio is charged by Indiabulls Income Fund Direct IDCW Monthly?

The term Expense Ratio used for Indiabulls Income Fund Direct IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Indiabulls Income Fund Direct IDCW Monthly is 0.40% as of 31 Oct 2025...

What is the AUM of Indiabulls Income Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of Indiabulls Income Fund Direct IDCW Monthly is ₹16.49Cr as of 31 Oct 2025.

How to Redeem Indiabulls Income Fund Direct IDCW Monthly?

If you want to sell your Indiabulls Income Fund Direct IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Indiabulls Income Fund Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of Indiabulls Income Fund Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of Indiabulls Income Fund Direct IDCW Monthly?

The NAV of Indiabulls Income Fund Direct IDCW Monthly is ₹10.73 as of 31 Mar 2021.

What is the PE and PB ratio of Indiabulls Income Fund Direct IDCW Monthly?

The PE ratio ratio of Indiabulls Income Fund Direct IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Indiabulls Income Fund Direct IDCW Monthly - NAV, Mutual Fund Performance & Portfolio

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Indiabulls Income Fund Direct IDCW Monthly
Debt
Medium Duration
Low Risk
Payout
+7.92%
3Y annualised
+0.04% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 31 Mar 2021
₹10.73
Rating
4
Min. SIP amount
Not Supported
Fund size
₹16.49Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (8)NameSectorInstrumentAssets
Reliance Industries Ltd.
EnergyDebenture16.22%
REC Ltd.
FinancialNCD15.99%
Power Finance Corpn. Ltd.
FinancialDebenture15.98%
Maharashtra State
OthersSDL13.58%
National Highways Authority of India Ltd.
ServicesDebenture12.96%
Gujarat State
OthersSDL10.09%
GOI
SovereignGOI Sec0.34%
GOI
SovereignGOI Sec0.01%
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Medium Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.5%7.9%8.2%8.3%
Category average8.3%7.8%6.7%NA
Rank with in category1267NA
Understand terms
Peer ComparisonDebt, Medium Duration fundsRating1Y3YFund Size(Cr)
Nippon India Medium Duration Fund Direct IDCW
4
10.6%9.0%119.89
Nippon India Medium Duration Fund Direct IDCW Quarterly
4
10.6%9.0%119.89
Axis Strategic Bond Fund Direct IDCW Half Yearly
4
7.0%8.8%1,907.76
Axis Strategic Bond Fund Direct IDCW Quarterly
4
7.0%8.8%1,907.76
DSP Bond Direct IDCW
3
8.7%8.2%317.50
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Mar 2021 - Present
0.40%
28 Feb 2021 - 31 Mar 2021
0.40%
31 Jan 2021 - 28 Feb 2021
0.40%
31 Dec 2020 - 31 Jan 2021
0.40%
30 Nov 2020 - 31 Dec 2020
0.40%
31 Oct 2020 - 30 Nov 2020
0.40%
30 Sep 2020 - 31 Oct 2020
0.40%
31 Jul 2020 - 30 Sep 2020
0.40%
30 Jun 2020 - 31 Jul 2020
0.40%
31 May 2020 - 30 Jun 2020
0.40%
30 Apr 2020 - 31 May 2020
0.40%
31 Mar 2020 - 30 Apr 2020
0.31%
29 Feb 2020 - 31 Mar 2020
0.40%
31 Jan 2020 - 29 Feb 2020
0.26%
31 Dec 2019 - 31 Jan 2020
0.26%
30 Nov 2019 - 31 Dec 2019
0.26%
31 Oct 2019 - 30 Nov 2019
0.26%
30 Sep 2019 - 31 Oct 2019
0.26%
31 Aug 2019 - 30 Sep 2019
0.26%
31 Jul 2019 - 31 Aug 2019
0.26%
30 Jun 2019 - 31 Jul 2019
0.26%
31 May 2019 - 30 Jun 2019
0.26%
30 Apr 2019 - 31 May 2019
0.28%
31 Mar 2019 - 30 Apr 2019
0.28%
28 Feb 2019 - 31 Mar 2019
0.28%
31 Jan 2019 - 28 Feb 2019
0.28%
31 Dec 2018 - 31 Jan 2019
0.28%
30 Nov 2018 - 31 Dec 2018
0.28%
31 Oct 2018 - 30 Nov 2018
0.28%
30 Sep 2018 - 31 Oct 2018
0.28%
31 Aug 2018 - 30 Sep 2018
0.28%
31 Jul 2018 - 31 Aug 2018
0.28%
30 Jun 2018 - 31 Jul 2018
0.28%
31 May 2018 - 30 Jun 2018
0.26%
30 Apr 2018 - 31 May 2018
0.25%
31 Mar 2018 - 30 Apr 2018
0.25%
28 Feb 2018 - 31 Mar 2018
0.25%
31 Jan 2018 - 28 Feb 2018
0.25%
31 Dec 2017 - 31 Jan 2018
0.25%
30 Nov 2017 - 31 Dec 2017
0.22%
31 Oct 2017 - 30 Nov 2017
0.15%
Expense ratio, exit load and taxExpense ratio: 0.40%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Fund managementKaran Singh
Apr 2018 - Present
View details
Education
Mr. Singh is B.A (Honours) in Economics, PGDBF & CFA - Level 1
Experience
Prior to joining Groww Mutual Fund (formerly Indiabulls Mutual Fund) he has worked with Taurus Corporate Advisory Services Ltd., DIOS Capital, Invesco Asset Management Company Ltd., Fidelity Investments and ICRA Ltd.
Also manages these schemes
Indiabulls Gilt Fund Direct Growth
Indiabulls Ultra Short Term Direct Fund Growth
Indiabulls Income Fund Direct Growth
Groww Arbitrage Fund Direct Growth
Indiabulls Savings Income Fund Direct Growth
Indiabulls Savings Fund Direct Growth
Indiabulls Banking And PSU Debt Fund Direct Growth
Fund house & investment objective
Indiabulls Mutual Fund
Rank (total assets)#41 in India
Total AUM₹2,509.32Cr
Date of Incorporation10 Apr 2008
    Indiabulls Income Fund Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by Groww Mutual Fund.     This scheme was made available to investors on 10 Apr 2008.     Malay Shah is the Current Fund Manager of Indiabulls Income Fund Direct IDCW Monthly fund.     The fund currently has an Asset Under Management(AUM) of ₹2,509 Cr and     the Latest NAV as of 31 Mar 2021 is ₹10.73.  

    The Indiabulls Income Fund Direct IDCW Monthly is rated Low risk.     Minimum SIP Investment is set to ₹500.          
  ;
Investment ObjectiveThe scheme aims to generate income by investing in fixed income securities. 
 
;
Fund benchmarkCRISIL Composite Bond Index
Scheme Information Document(SID)
Fund house contact details
Address
505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
Phone
8050180222
Launch Date
10 Apr 2008
E-mail
Customer Support Email id:  [email protected]
Website
growwmf.in
Indiabulls Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4,  Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Indiabulls Income Fund Direct IDCW Monthly
VS
Add mutual fund to compare

Name	Sector	Instrument	Assets
Reliance Industries Ltd.	Energy	Debenture	16.22%
REC Ltd.	Financial	NCD	15.99%
Power Finance Corpn. Ltd.	Financial	Debenture	15.98%
Maharashtra State	Others	SDL	13.58%
National Highways Authority of India Ltd.	Services	Debenture	12.96%
Gujarat State	Others	SDL	10.09%
GOI	Sovereign	GOI Sec	0.34%
GOI	Sovereign	GOI Sec	0.01%

	1Y	3Y	5Y	All
Fund returns	7.5%	7.9%	8.2%	8.3%
Category average	8.3%	7.8%	6.7%	NA
Rank with in category	12	6	7	NA

Debt, Medium Duration funds	Rating	1Y	3Y	Fund Size(Cr)
Nippon India Medium Duration Fund Direct IDCW	4	10.6%	9.0%	119.89
Nippon India Medium Duration Fund Direct IDCW Quarterly	4	10.6%	9.0%	119.89
Axis Strategic Bond Fund Direct IDCW Half Yearly	4	7.0%	8.8%	1,907.76
Axis Strategic Bond Fund Direct IDCW Quarterly	4	7.0%	8.8%	1,907.76
DSP Bond Direct IDCW	3	8.7%	8.2%	317.50