Fund Details
Indiabulls Nifty 50 Exchange Traded Fund Regular Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.12% |
| NAV | ₹151.59 (06 May 2021) |
|---|---|
| Fund Started | 25 Apr 2019 |
| Fund Size | ₹16 Cr |
Returns
Comparison
1. Lower expense ratio - 0.12%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
2. Age is less than 5 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 10.2% |
| HDFC Bank Ltd. | Financial | Equity | 10.0% |
| Infosys Ltd. | Technology | Equity | 8.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.3% |
| ICICI Bank Ltd. | Financial | Equity | 6.3% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.4% |
| ITC Ltd. | FMCG | Equity | 2.9% |
| Axis Bank Ltd. | Financial | Equity | 2.8% |
Fund Managers
Indiabulls Nifty 50 Exchange Traded Fund Regular Growth Details
Indiabulls Nifty 50 Exchange Traded Fund Regular Growth is a Equity Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 25 Apr 2019. Karan Singh is the Current Fund Manager of Indiabulls Nifty 50 Exchange Traded Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹16 Cr and the Latest NAV as of 06 May 2021 is ₹151.59.
The Indiabulls Nifty 50 Exchange Traded Fund Regular Growth is rated Very High risk.
Investment Objective
The scheme seeks to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
