1M
6M
1Y
3Y
5Y
All
| NAV: 04 Aug 2021 | ₹11.78 |
|---|---|
| Min. SIP Amount | NA |
| Rating | 4star |
|---|---|
| Fund Size | ₹11.49 Cr |
Holdings (5)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 18.2% |
Indiabulls Nifty 50 Exchange Traded Fund Regular - Growth | Financial | Mutual Fund | 14.5% |
| HDFC Bank Ltd. | Financial | Equity | 2.4% |
| ICICI Bank Ltd. | Financial | Equity | 2.2% |
State Bank of India | Financial | Equity | 1.5% |
Pros and cons
Category: Hybrid Conservative Hybrid
Pros
- Lower expense ratio - 0.25%
- 1Y Returns are higher than the category average returns
- 3Y Returns are higher than the category average returns
- 5Y Returns are higher than the category average returns
- Exit load is zero
Cons
- Asset under management(AUM) is less than 500 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: 0.25%
Inclusive of GST
Exit load
Nil
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
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
Nov 2015 - 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
Sumit Bhatnagar
May 2021 - Present
View Details
Education
Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).
Experience
Prior to joining Indiabulls Mutual Fund he has worked with SEBI.
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
Veekesh Gandhi
Jan 2019 - Present
View Details
Education
Mr. Gandhi has done MBA & M.Com
Experience
Prior to joining Indiabulls Mutual Fund, he has worked with DSP Merrill Lynch Ltd. as Equity Research Analyst, SSKI Securities as Banking and Strategy Analyst and Motilal Oswal Securities as Equity Research Analyst.
Also manages these schemes
Rajeev Desai
May 2020 - Present
View Details
Education
Mr. Desai has done PGDBM (Finance) and B.E. (Mech).
Experience
Prior to joining Indiabulls Mutual Fund, he has worked with Systematix Shares & Stocks (I) Ltd, IFCI Financial Services Ltd., IDFC Securities Ltd. (earlier IDFC SSKI Securities Ltd.), Batliboi Ltd., Blue Star Ltd., Contec Airflow India Pvt. Ltd.
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 Savings Income Fund Direct IDCW Monthly is a Hybrid Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available t
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 24 Mar 2011. 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 ₹702 Cr and the Latest NAV as of 04 Aug 2021 is ₹11.78.
The Indiabulls Savings Income Fund Direct IDCW Monthly is rated Moderate risk. Minimum SIP Investment is set to 500.
...Read more
Investment Objective
The Scheme seeks to generate regular monthly returns through investment primarily in debt securities. The secondary objective of the Scheme is to gene
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.
...Read more
| Fund benchmark | CRISIL Hybrid 75+25 Conservative Index |
|---|
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
HDFC Bank
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 Savings Income Fund Direct IDCW Monthly
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