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Indiabulls Income Fund Direct IDCW Monthly+0.04%

7.55%
1 Year Return
Debt
Medium Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Indiabulls Income Fund Direct IDCW Monthly

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.40%
NAV₹10.73 (31 Mar 2021)
Fund Started04 Mar 2013
Fund Size16 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
7.5%
7.9%
8.2%
8.3%
Category Average
7.7%
5.9%
6.6%
-
Rank Within Category
12
6
7
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 7.5% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.4%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Top Holdings

NameSectorInstrument% Assets
Reliance Industries Ltd.EnergyDebenture16.2%
REC Ltd.FinancialNCD16.0%
Power Finance Corpn. Ltd.FinancialDebenture16.0%
Maharashtra StateOthersSDL13.6%
National Highways Authority of India Ltd.ServicesDebenture13.0%
Gujarat StateOthersSDL10.1%
GOISovereignGOI Sec0.3%

Fund Managers

Vikrant Mehta
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Karan Singh
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Indiabulls Income Fund Direct IDCW Monthly Details

Indiabulls Income Fund Direct IDCW Monthly 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹16 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 Objective

The scheme aims to generate income by investing in fixed income securities.

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)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Nil
Exit Load

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About Indiabulls Mutual Fund

Address
11th Floor, Indiabulls Finance Centre Tower-1, Senapati Bapat Marg, Elphinstone (West) Mumbai - 400013.
Phone
022-61891300
Launch Date
24 Mar 2011
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,
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