Indiabulls Value Fund Direct Dividend Monthly is a Equity Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was introduced to investors on 02 Mar 2017. Sumit Bhatnagar is the Current Fund Manager of Indiabulls Value Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹23 Cr and the Latest NAV as of 06 Dec 2019 is ₹9.21.
The Indiabulls Value Fund Direct Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Exit load of 1% if redeemed within 1 year..
Investment Objective
The primary objective of the Scheme is to seek to generate capital appreciation by investing in a portfolio of Equity and Equity related securities of companies that meet the relative value criteria and fall within top 500 by market cap. A company is considered as showing high relative value if it has a combination of higher RoCE and higher earnings yield. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
₹500
Min for First Investment
₹500
Min for Second Investment
Exit load of 1% if redeemed within 1 year.
Exit Load