Fund Details
Indiabulls Savings Income Fund Direct Dividend Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.25% |
| NAV | ₹11.63 (27 Nov 2020) |
|---|---|
| Fund Started | 02 Dec 2015 |
| Fund Size | ₹13 Cr |
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.25%
2. Exit load is zero
3. 3Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 19.6% |
| GOI | Sovereign | GOI Sec | 16.6% |
| Indiabulls Nifty 50 Exchange Traded Fund Regular - Growth | Financial | Mutual Fund | 9.9% |
| HDFC Bank Ltd. | Financial | Equity | 9.0% |
| National Thermal Power Corp. Ltd. | Energy | CP | 7.7% |
| Aditya Birla Housing Finance Ltd. | Financial | CP | 7.7% |
| ICICI Bank Ltd. | Financial | Equity | 3.7% |
| State Bank of India | Financial | Equity | 2.1% |
Fund Managers
Indiabulls Savings Income Fund Direct Dividend Monthly Details
Indiabulls Savings Income Fund Direct Dividend 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹13 Cr and the Latest NAV as of 27 Nov 2020 is ₹11.63.
The Indiabulls Savings Income Fund Direct Dividend 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.
