1M
6M
1Y
3Y
5Y
All
| NAV: 04 Aug 2021 | ₹1,001.28 |
|---|---|
| Min. SIP Amount | ₹500 |
| Rating | 2star |
|---|---|
| Fund Size | ₹126.21 Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Debt Liquid
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.2% | 5.2% | 6.0% | 7.2% |
| Category average | 3.1% | 5.1% | 5.8% | NA |
| Rank with in category | 29 | 27 | 23 | NA |
Understand termsinfo
Holdings (7)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 19.8% |
Reserve Bank of India | Financial | T-Bills | 19.7% |
| Axis Bank Ltd. | Financial | CD | 7.9% |
Reliance Jio Infocomm Ltd. | Communication | CP | 7.9% |
National Bank For Agriculture & Rural Development | Financial | CP | 7.9% |
Export-Import Bank Of India | Financial | CD | 7.9% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 4.2% |
Pros and cons
Category: Debt Liquid
Pros
- Age is more than 3 years
- 3Y Returns are higher than the category average returns
- 5Y Returns are higher than the category average returns
Cons
- Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
Understand terms
Expense ratio
A 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.
Tax
A 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 load
A 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 duty
A form of tax payable for the purchase or sale of an asset or security.
Expense ratio, exit load and tax
Expense ratio: 0.12%
Inclusive of GST
Exit load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand termsinfo
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Vikrant Mehta
Jun 2019 - Present
View Details
Education
Mr. Mehta is CFA and M.S.
Experience
Prior to joining ITI Mutual Fund, he has worked with Indiabulls AMC, 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.
Also manages these schemes
Malay Shah
Aug 2014 - Present
View Details
Education
Mr. Shah is a B.Com and MMS.
Experience
Prior to joining Indiabulls Mutual Fund, he has worked as Head- Fixed Income with Essel Mutual Fund.and as Senior Dealer - Fixed Income Group with Derivium Capital.
Also manages these schemes
Karan Singh
May 2020 - Present
View Details
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.
Also manages these schemes
Sourabh Sharma
Jan 2019 - Present
View Details
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #35 in India |
|---|---|
| Total AUM | 701.68 Cr |
| Date of Incorporation | 24 Mar 2011 |
|---|
Indiabulls Liquid Direct Fund IDCW Fortnightly is a Debt Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to inve
Indiabulls Liquid Direct Fund IDCW Fortnightly is a Debt Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 24 Mar 2011. Malay Shah is the Current Fund Manager of Indiabulls Liquid Direct Fund IDCW Fortnightly fund. The fund currently has an Asset Under Management(AUM) of ₹702 Cr and the Latest NAV as of 04 Aug 2021 is ₹1,001.28.
The Indiabulls Liquid Direct Fund IDCW Fortnightly is rated Low to Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
...Read more
Investment Objective
The scheme seeks to provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities
The scheme seeks to provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of up to 91 days.
...Read more
| Fund benchmark | CRISIL Liquid |
|---|
Fund house contact details
Address
11th Floor, Indiabulls Finance Centre Tower-1, Senapati Bapat Marg, Elphinstone (West) Mumbai - 400013.
Phone
022-61891300
Launch Date
24 Mar 2011
E-mail
[email protected]Website
NA
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,
Email
[email protected]Website
www.karvymfs.comCompare funds
Indiabulls Liquid Direct Fund IDCW Fortnightly
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