Indiabulls Savings Income Fund Direct Dividend Monthly-0.01%

5Groww
4.55%
1 Year Return
Hybrid
Conservative
5.0 star
6M
1Y
3Y
All

Fund Details

Indiabulls Savings Income Fund Direct Dividend Monthly

RiskModerate
Min SIP Amount₹500
Expense Ratio1.27%
NAV12.0 (20 Aug 2019)
Fund Started02 Dec 2015
Fund Size20 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Indiabulls Savings Income Fund Direct Dividend Monthly
4.5%
9.9%
NA
10.1%
Category Average
3.9%
5.2%
3.8%
-
Rank within category
17
1
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    30
    with 4.5% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Tanglin Developments Ltd.ConstructionBonds56.9%
    Forbes Technosys Ltd.TechnologyDebenture9.9%
    Indiabulls Nifty 50 Exchange Traded Fund Regular - GrowthFinancialMutual Fund5.9%
    HDFC Bank Ltd.FinancialEquity5.5%
    ICICI Bank Ltd.FinancialEquity2.6%
    State Bank of IndiaFinancialEquity2.4%
    Bank Of BarodaFinancialEquity1.4%
    Maruti Suzuki India Ltd.AutomobileEquity1.1%
    Mahindra & Mahindra Ltd.AutomobileEquity1.1%
    See All

    Fund Managers

    addVikrant Mehta
    Education
    Mr. Mehta is CFA and M.S.
    Experience
    Prior to joining Indiabulls AMC he has worked with AIG Global Asset Management Company (India) Pvt. Ltd., AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
    Funds Managed
    addMalay Shah
    Education
    Mr. Shah is a B.Com and MMS.
    Experience
    Prior to this, he has worked as Head- Fixed Income with Peerless Funds Management Co. Ltd.and as Senior Dealer - Fixed Income Group with Derivium Capital..
    Funds Managed
    addVeekesh Gandhi
    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.
    Funds Managed

    Other Details

    Indiabulls Savings Income Fund Direct Dividend Monthly is a Hybrid Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was introduced to investors on 02 Dec 2015. Malay Shah, Sumit Bhatnagar is the Current Fund Manager of Indiabulls Savings Income Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹20 Cr and the Latest NAV as of 20 Aug 2019 is ₹12.0.

    The Indiabulls Savings Income Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. For units more than 12% of the investments, an exit load of 1% if redeemed within 1 year..

    Investment Objective

    The primary objective of the Scheme is 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 SchemeNulls assets in equity securities. Monthly Income is not assured and is subject to availability of distributable surplus. However, there can be no assurance that the investment objective of the scheme will be achieved.

    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.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    For units more than 12% of the investments, an exit load of 1% if redeemed within 1 year.
    Exit Load

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    About Indiabulls Mutual Fund

    Address
    11th Floor, Indiabulls Finance Centre Tower-1, Senapati Bapat Marg, Elphinstone (West) Mumbai - 400013.
    Phone
    022-61891300
    Launch Date
    23 Mar 2011
    Indiabulls Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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