Fund Details
Indiabulls Ultra Short Term Direct Fund Dividend Weekly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.11% |
| NAV | ₹1013.21 (27 Nov 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹22 Cr |
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.11%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
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 Dividend Weekly Details
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 ₹22 Cr and the Latest NAV as of 27 Nov 2020 is ₹1013.21.
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.
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.
