| Launch date | 04 Mar 2020 |
| Allotment date | 24 Mar 2020 |
| End date | 18 Mar 2020 |
| NAV | ₹10.00 |
Fund Overview
Overview of Indiabulls Multi Cap Fund Direct - Growth - NFO
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 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.
Understand terms
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
Veekesh Gandhi
Mar 2020 - Present
View details
Education
Mr. Gandhi has done MBA & M.Com
Experience
Prior to joining Indiabulls Mutual Fund, he has worked with DSP Merrill Lynch Ltd. as Equity Research Analyst, SSKI Securities as Banking and Strategy Analyst and Motilal Oswal Securities as Equity Research Analyst.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #35 in India |
|---|---|
| Total AUM | ₹543.02Cr |
| Date of Incorporation | 10 Apr 2008 |
|---|
Indiabulls Multi Cap Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made availa
| Fund benchmark | NA |
|---|
Fund house contact details
Address
Indiabulls Finance Centre - 11th Floor,Elphinstone Mills, Senapati Bapat Marg,Elphinstone (W), Mumbai 400013
Phone
022-61891300 / 1800-2666-002
Launch Date
10 Apr 2008
E-mail
[email protected]Website
NA