|Risk||Low to Moderate|
|Min SIP Amount||₹500|
|NAV||₹1000.97 (15 May 2021)|
|Fund Started||02 Feb 2017|
|Fund Size||₹115 Cr|
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 02 Feb 2017. 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 ₹115 Cr and the Latest NAV as of 15 May 2021 is ₹1000.97.
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.