Indiabulls Short Term Fund Direct Dividend Fortnightly is a Debt Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was introduced to investors on 13 Sep 2013. Malay Shah is the Current Fund Manager of Indiabulls Short Term Fund Direct Dividend Fortnightly.The fund currently has an Asset Under Management(AUM) of ₹61 Cr and the Latest NAV as of 17 Oct 2019 is ₹997.24.
The Indiabulls Short Term Fund Direct Dividend Fortnightly is rated Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
Investment Objective
To generate income and/ or capital appreciation by investing in wide range of Debt and Money Market instruments having maturity in line with maturity of the respective plans under the scheme. The maturity of all instruments shall be equal to or less than the maturity of the respective plans under the scheme. 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