|Min SIP Amount||₹500|
|NAV||₹11.86 (13 Apr 2021)|
|Fund Started||28 Dec 2017|
|Fund Size||₹54 Cr|
|Indiabulls Nifty 50 Exchange Traded Fund Regular - Growth||Financial||Mutual Fund||7.5%|
|HDFC Bank Ltd.||Financial||Equity||6.6%|
|Reliance Industries Ltd.||Energy||Equity||6.2%|
|ICICI Bank Ltd.||Financial||Equity||5.5%|
|Tata Consultancy Services Ltd.||Technology||Equity||4.0%|
|Axis Bank Ltd.||Financial||Equity||3.4%|
|Larsen & Toubro Ltd.||Construction||Equity||3.3%|
|Bajaj Finance Ltd.||Financial||Equity||3.1%|
|HCL Technologies Ltd.||Technology||Equity||3.0%|
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 ₹54 Cr and the Latest NAV as of 13 Apr 2021 is ₹11.86.
The Indiabulls Tax Savings Fund Direct Growth is rated Very 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%.