Indiabulls Income Fund Regular Dividend Monthly is a Debt Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was introduced to investors on 04 Mar 2013. Malay Shah is the Current Fund Manager of Indiabulls Income Fund Regular Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹22 Cr and the Latest NAV as of 16 Aug 2019 is ₹10.3.
The Indiabulls Income Fund Regular Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
Investment Objective
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.
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