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Indiabulls Tax Savings Fund Direct IDCW+0.08%

49.75%
1 Year Return
Equity
ELSS
1.0star
6M
1Y
3Y
All

Fund Details

Indiabulls Tax Savings Fund Direct IDCW

RiskVery High
Min SIP Amount₹500
Expense Ratio0.50%
NAV₹11.96 (14 May 2021)
Fund Started28 Dec 2017
Fund Size52 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
49.8%
6.9%
-
-6.2%
Category Average
53.0%
8.1%
12.7%
-
Rank Within Category
35
31
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
Would have become
0
with 49.8% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
Cons
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
3. 3Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Indiabulls Nifty 50 Exchange Traded Fund Regular - GrowthFinancialMutual Fund8.9%
Reliance Industries Ltd.EnergyEquity7.1%
HDFC Bank Ltd.FinancialEquity5.5%
Tata Consultancy Services Ltd.TechnologyEquity5.2%
Infosys Ltd.TechnologyEquity5.0%
Larsen & Toubro Ltd.ConstructionEquity3.9%
HCL Technologies Ltd.TechnologyEquity3.8%
ICICI Bank Ltd.FinancialEquity3.8%
Hindustan Unilever Ltd.FMCGEquity3.4%
Nestle India Ltd.FMCGEquity3.2%
See All

Fund Managers

Vikrant Mehta
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Malay Shah
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Sumit Bhatnagar
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Karan Singh
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Veekesh Gandhi
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Rajeev Desai
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Indiabulls Tax Savings Fund Direct IDCW Details

Indiabulls Tax Savings Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹52 Cr and the Latest NAV as of 14 May 2021 is ₹11.96.

The Indiabulls Tax Savings Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

Investment Objective

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.

Tax Implications

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

Scheme Information Document(SID)

₹500
Min for First Investment
₹500
Min for Second Investment
Nil
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
24 Mar 2011
Indiabulls Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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