|Min SIP Amount||₹500|
|NAV||₹1012.80 (31 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹24 Cr|
|Axis Bank Ltd.||Financial||CD||76.1%|
Indiabulls Ultra Short Term Direct Fund Dividend Weekly 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 Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹24 Cr and the Latest NAV as of 31 Jul 2020 is ₹1012.80.
The Indiabulls Ultra Short Term Direct Fund Dividend Weekly is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
To provide liquidity with returns commensurate with low risk through a portfolio of money market and debt securities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.