Fund Details
Indiabulls Savings Income Fund Direct IDCW Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.25% |
| NAV | ₹11.69 (14 May 2021) |
|---|---|
| Fund Started | 02 Dec 2015 |
| Fund Size | ₹12 Cr |
Returns
Comparison
1. Lower expense ratio - 0.25%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 18.0% |
| Indiabulls Nifty 50 Exchange Traded Fund Regular - Growth | Financial | Mutual Fund | 13.7% |
| HDFC Bank Ltd. | Financial | Equity | 5.1% |
| ICICI Bank Ltd. | Financial | Equity | 4.0% |
| State Bank of India | Financial | Equity | 1.2% |
Fund Managers
Indiabulls Savings Income Fund Direct IDCW Monthly Details
Indiabulls Savings Income Fund Direct IDCW Monthly is a Hybrid Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 02 Dec 2015. Malay Shah, Sumit Bhatnagar is the Current Fund Manager of Indiabulls Savings Income Fund Direct IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹12 Cr and the Latest NAV as of 14 May 2021 is ₹11.69.
The Indiabulls Savings Income Fund Direct IDCW Monthly is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Investment Objective
The Scheme seeks to generate regular monthly returns through investment primarily in debt securities. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Scheme's assets in equity 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.
