Fund Details
Indiabulls Tax Savings Fund Regular Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.25% |
| NAV | ₹11.09 (25 Jan 2021) |
|---|---|
| Fund Started | 28 Dec 2017 |
| Fund Size | ₹79 Cr |
Returns
Comparison
1. Risk is lower compared to the benchmark
2. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
3. Risk-adjusted returns are lower compared to the category
4. Higher expense ratio
5. 1Y Returns are lower than the benchmark
6. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
7. Age is less than 3 years
8. Higher expense ratio - 2.25%
9. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 10.3% |
| Indiabulls Nifty 50 Exchange Traded Fund Regular - Growth | Financial | Mutual Fund | 5.8% |
| ICICI Bank Ltd. | Financial | Equity | 5.7% |
| Reliance Industries Ltd. | Energy | Equity | 4.8% |
| HCL Technologies Ltd. | Technology | Equity | 4.6% |
| Infosys Ltd. | Technology | Equity | 3.9% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.5% |
| Nestle India Ltd. | FMCG | Equity | 3.5% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.2% |
| Axis Bank Ltd. | Financial | Equity | 3.2% |
Fund Managers
Indiabulls Tax Savings Fund Regular Growth Details
Indiabulls Tax Savings Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹79 Cr and the Latest NAV as of 25 Jan 2021 is ₹11.09.
The Indiabulls Tax Savings Fund Regular Growth is rated Moderately 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%.
