Fund Details
Indiabulls Liquid Direct Fund Dividend Fortnightly
| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.12% |
| NAV | ₹1000.96 (30 Nov 2020) |
|---|---|
| Fund Started | 02 Feb 2017 |
| Fund Size | ₹262 Cr |
Returns
as per Historical Returns
Comparison
1. Age is more than 3 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | CP | 9.5% |
| Reserve Bank of India | Financial | T-Bills | 9.5% |
| Reserve Bank of India | Financial | T-Bills | 9.5% |
| Bajaj Finance Ltd. | Financial | CP | 9.5% |
| National Bank For Agriculture & Rural Development | Financial | CP | 9.5% |
| ICICI Bank Ltd. | Financial | CD | 9.5% |
| Reserve Bank of India | Financial | T-Bills | 9.5% |
| Axis Bank Ltd. | Financial | CD | 9.1% |
| Aditya Birla Housing Finance Ltd. | Financial | CP | 9.1% |
| National Thermal Power Corp. Ltd. | Energy | CP | 8.8% |
Fund Managers
Indiabulls Liquid Direct Fund Dividend Fortnightly Details
Indiabulls Liquid Direct Fund Dividend Fortnightly is a Debt Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 02 Feb 2017. Malay Shah is the Current Fund Manager of Indiabulls Liquid Direct Fund Dividend Fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹262 Cr and the Latest NAV as of 30 Nov 2020 is ₹1000.96.
The Indiabulls Liquid Direct Fund Dividend Fortnightly is rated Low 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.
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 with maturity of up to 91 days.
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.
