Fund Details
Indiabulls Ultra Short Term Direct Fund Growth
| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.11% |
| NAV | ₹2101.79 (31 Mar 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹18 Cr |
Returns
Comparison
1. Lower expense ratio - 0.11%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 81.3% |
Fund Managers
Indiabulls Ultra Short Term Direct Fund Growth Details
Indiabulls Ultra Short Term Direct Fund Growth is a Debt Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Malay Shah is the Current Fund Manager of Indiabulls Ultra Short Term Direct Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹18 Cr and the Latest NAV as of 31 Mar 2021 is ₹2101.79.
The Indiabulls Ultra Short Term Direct Fund Growth is rated Low risk. Minimum SIP Investment is set to 500.
Investment Objective
The scheme seeks to provide liquidity with returns commensurate with low risk through a portfolio of money market and debt securities such that the Macaulay duration of the portfolio is between 3 months-6 months.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
