|Min SIP Amount||₹500|
|NAV||₹10.76 (27 Nov 2020)|
|Fund Started||28 Dec 2017|
|Fund Size||₹85 Cr|
|HDFC Bank Ltd.||Financial||Equity||7.9%|
|Yes Bank Ltd.||Financial||Equity||4.9%|
|HCL Technologies Ltd.||Technology||Equity||4.8%|
|Reliance Industries Ltd.||Energy||Equity||4.6%|
|Indiabulls Nifty 50 Exchange Traded Fund Regular - Growth||Financial||Mutual Fund||4.5%|
|ICICI Bank Ltd.||Financial||Equity||3.9%|
|Ultratech Cement Ltd.||Construction||Equity||3.5%|
|Axis Bank Ltd.||Financial||Equity||3.3%|
|Nestle India Ltd.||FMCG||Equity||3.0%|
Indiabulls Tax Savings Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 28 Dec 2017. Malay Shah, Sumit Bhatnagar is the Current Fund Manager of Indiabulls Tax Savings Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹85 Cr and the Latest NAV as of 27 Nov 2020 is ₹10.76.
The Indiabulls Tax Savings Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
The Scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. The scheme shall offer tax benefits under Section 80C of the Income Tax Act.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.