Indiabulls Income Fund Direct Dividend Monthly-0.04%

4
8.58%
1 Year Return
Debt
Medium Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Indiabulls Income Fund Direct Dividend Monthly

RiskModerate
Min SIP Amount₹500
Expense Ratio0.40%
NAV10.56 (25 Sep 2020)
Fund Started04 Mar 2013
Fund Size26 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Indiabulls Income Fund Direct Dividend Monthly
8.6%
8.7%
8.5%
8.4%
Category Average
4.8%
5.4%
6.7%
-
Rank within category
9
2
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 8.6% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio - 0.4%
    3. 1Y Returns are higher than the category average returns
    4. 3Y Returns are higher than the category average returns
    5. 5Y Returns are higher than the category average returns
    6. 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
    Maharashtra StateOthersSDL19.1%
    Reliance Industries Ltd.EnergyDebenture10.3%
    REC Ltd.FinancialNCD10.1%
    Power Finance Corpn. Ltd.FinancialDebenture10.1%
    Maharashtra StateOthersSDL8.5%
    National Highways Authority of India Ltd.ServicesDebenture8.2%
    LIC Housing Finance Ltd.FinancialCP7.8%
    Gujarat StateOthersSDL6.3%
    State Bank of IndiaFinancialDebenture4.2%
    GOISovereignGOI Sec0.2%
    See All

    Fund Managers

    addVikrant Mehta
    Education
    Mr. Mehta is CFA and M.S.
    Experience
    Prior to joining Indiabulls AMC he has worked with Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
    Funds Managed
    addKaran Singh
    Education
    Mr. Singh is B.A (Honours) in Economics, PGDBF & CFA - Level 1
    Experience
    Prior to joining IndiaBulls Mutual Fund he has worked with Taurus Corporate Advisory Services Ltd., DIOS Capital, Invesco Asset Management Company Ltd., Fidelity Investments and ICRA Ltd.
    Funds Managed

    Indiabulls Income Fund Direct Dividend Monthly Details

    Indiabulls Income Fund Direct Dividend 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹26 Cr and the Latest NAV as of 25 Sep 2020 is ₹10.56.

    The Indiabulls Income Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 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)

    ₹500
    Min for First Investment
    ₹500
    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
    Citibank 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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