Indiabulls Tax Savings Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹73 Cr and the Latest NAV as of 03 Jun 2020 is ₹8.54.
The Indiabulls Tax Savings Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
The investment objective of the Scheme is 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. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.