Indiabulls Income Fund Direct Growth+0.08%

5Groww
9.85%
1 Year Return
Debt
Medium Duration
5.0 star
6M
1Y
3Y
5Y
All

Fund Details

Indiabulls Income Fund Direct Growth

RiskLow
Min SIP Amount₹500
Expense Ratio0.26%
NAV16.89 (08 Jul 2019)
Fund Started03 Mar 2013
Fund Size22 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Indiabulls Income Fund Direct Growth
9.8%
8.4%
9.6%
8.6%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 9.8% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio
    2. 1Y Returns are higher than the benchmark
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
    2. Age is less than 5 years
    3. Risk is higher compared to the benchmark
    4. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    6.84 GOI Dec 19 2022 SovereignGilt22.9%
    Treasury Bill (91D)SovereignT Bill16.3%
    Triparty RepoCurrent AssetsMoney Market14.2%
    10.25 Indiabulls Real Estate Sep 28 2019 ConstructionDebentures9.3%
    8.8407 Indiabulls Housing Finance Ltd. Jun 10 2022 Financial ServicesDebentures9.0%
    9.3 Steel Authority of India Ltd. May 25 2019 MetalsBond4.7%
    1.25 Tanglin Developments Ltd. Jan 23 2020 ServicesDebentures4.1%
    State Bank of IndiaFinancial ServicesFRB3.7%
    9.8 Edelweiss Commodities Services Ltd May 28 2019 ServicesDebentures3.7%
    Net Receivables/(Payable)Current AssetsNet Receivables/(Payables)3.6%
    See All

    Fund Managers

    addKaran Singh
    Education
    Mr. Singh is B.A (Honours) in Economics, PGDBF & CFA - Level 1
    Experience
    Prior to joining IndiaBulls Mutual Fund he has worked with Taurus Corporate Advisory Services Ltd., DIOS Capital, Invesco Asset Management Company Ltd., Fidelity Investments and ICRA Ltd.
    Funds Managed

    Other Details

    Indiabulls Income Fund Direct Growth is a Debt Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was introduced to investors on 03 Mar 2013. Malay Shah is the Current Fund Manager of Indiabulls Income Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹22 Cr and the Latest NAV as of 08 Jul 2019 is ₹16.89.

    The Indiabulls Income Fund Direct Growth is rated Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    The primary investment objective of the Scheme is to generate a steady stream of income and or medium to long term capital appreciation gain through investment in fixed income securities. However, there can be no assurance that the investment objective of the scheme will be achieved.

    Tax Implications

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About Indiabulls Mutual Fund

    Address
    11th Floor, Indiabulls Finance Centre Tower-1, Senapati Bapat Marg, Elphinstone (West) Mumbai - 400013.
    Phone
    022-61891300
    Launch Date
    23 Mar 2011
    Indiabulls Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Karvy
    Address
    NA
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