Indiabulls Multi Cap Fund Direct - Growth - NFO

Equity
Multi Cap
Moderately High Risk
Launch date04 Mar 2020
Allotment date24 Mar 2020
End date18 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 investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

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)#41 in India
Total AUM₹759.54Cr
Date of Incorporation10 Apr 2008

Indiabulls Multi Cap Fund Direct - Growth - NFO 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 - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹760 Cr and the Latest NAV as of 24 Mar 2020 is ₹10.00. The Indiabulls Multi Cap Fund Direct - Growth - NFO is rated Moderately High risk. Minimum SIP Investment is set to ₹500. ;

Fund benchmarkNA

Fund house contact details

Address
Floor 12 A, Tower 2 A, One World Centre, Jupiter Mills Compound Senapati Bapat Marg, Mumbai 400013
Phone
8050180222
Launch Date
10 Apr 2008
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