| Launch date | 04 Mar 2020 |
| Allotment date | 24 Mar 2020 |
| End date | 18 Mar 2020 |
| NAV | ₹10.00 |
Fund Overview
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | Not Supported |
| Min. for 2nd investment onwards | Not Supported |
| Min. for SIP | Not Supported |
Fund management
Veekesh GandhiMar 2020 - PresentView details
Fund house & investment objective
| Rank (total assets) | #41 in India |
|---|---|
| Total AUM | ₹1,401.59Cr |
| Date of Incorporation | 10 Apr 2008 |
|---|
Indiabulls Multi Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 10 Apr 2008. Vikrant Mehta is the Current Fund Manager of Indiabulls Multi Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,402 Cr and the Latest NAV as of null is ₹10.00. The Indiabulls Multi Cap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹500. ;
Investment Objective
The Scheme seeks to generate medium to long term capital growth by investing in a diversified portfolio consisting of equity and equity related instruments across market capitalization. ;
| Fund benchmark | NIFTY 500 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Multi Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Kotak Multicap Fund Direct Growth | 4 | 12.3% | 24.1% | 16,065.25 |
Nippon India Multi Cap Fund Direct Growth | 5 | 15.7% | 22.9% | 39,385.20 |
HDFC Multi Cap Fund Direct Growth | 4 | 10.5% | 21.4% | 16,884.18 |
ICICI Prudential Multicap Fund Direct Plan Growth | 4 | 14.1% | 19.5% | 14,019.22 |
Baroda BNP Paribas Multi Cap Fund Direct Growth | 4 | 16.8% | 17.5% | 2,849.74 |