Indiabulls Savings Income Fund Direct Growth-0.44%

5Groww
3.92%
1 Year Return
Hybrid
Conservative
5.0 star
6M
1Y
3Y
All

Fund Details

Indiabulls Savings Income Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio1.27%
NAV14.50 (08 Jul 2019)
Fund Started01 Dec 2015
Fund Size20 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Indiabulls Savings Income Fund Direct Growth
3.9%
9.7%
NA
9.9%
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
    Estimated Value
    as per Historical Returns
    30
    with 3.9% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. 1Y Returns are higher than the benchmark
    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. Higher expense ratio

    Top Holdings

    NameSectorInstrument% Assets
    1.25 Tanglin Developments Ltd. Nov 22 2019 ServicesDebentures35.4%
    8.65 Avanse Financial Services Ltd. Nov 2 2020 Financial ServicesDebentures19.2%
    10.25 Indiabulls Real Estate Sep 28 2019 ConstructionDebentures10.1%
    Triparty RepoCurrent AssetsMoney Market8.8%
    9.4 Reliance Broadcast Network Ltd. Apr 12 2019 Media & EntertainmentDebentures7.0%
    10.38 Forbes Technosys Ltd. Mar 20 2020 Industrial ManufacturingDebentures6.6%
    HDFC Bank Ltd.Financial ServicesEquity4.5%
    Net Receivables/(Payable)Current AssetsNet Receivables/(Payables)2.5%
    ICICI Bank Ltd. Financial ServicesEquity1.4%
    State Bank of IndiaFinancial ServicesEquity1.4%
    See All

    Fund Managers

    addSumit Bhatnagar
    Education
    Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).
    Experience
    Prior to joining Indiabulls Mutual Fund he has worked with SEBI.
    Funds Managed

    Other Details

    Indiabulls Savings Income Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was introduced to investors on 01 Dec 2015. Malay Shah, Sumit Bhatnagar is the Current Fund Manager of Indiabulls Savings Income Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹20 Cr and the Latest NAV as of 08 Jul 2019 is ₹14.50.

    The Indiabulls Savings Income Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. For units more than 12% of the investments, an exit load of 1% if redeemed within 1 year..

    Investment Objective

    The primary objective of the Scheme is to generate regular monthly returns through investment primarily in debt securities. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the SchemeNulls assets in equity securities. Monthly Income is not assured and is subject to availability of distributable surplus. 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
    For units more than 12% of the investments, an exit load of 1% if redeemed within 1 year.
    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
    HDFC Bank
    Registrar & Transfer Agent
    Karvy
    Address
    NA
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