Indiabulls Tax Savings Fund Direct Growth-1.61%

2Groww
-8.59%
1 Year Return
Equity
ELSS
2.0 star
6M
1Y
All

Fund Details

Indiabulls Tax Savings Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.68%
NAV9.76 (08 Jul 2019)
Fund Started27 Dec 2017
Fund Size79 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Indiabulls Tax Savings Fund Direct Growth
-8.6%
NA
NA
-5.2%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    30
    with -8.6% annual returns

    Comparison

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    Fund Managers

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    Funds Managed

    Other Details

    Indiabulls Tax Savings Fund Direct Growth is a Equity Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was introduced to investors on 27 Dec 2017. Malay Shah, Sumit Bhatnagar is the Current Fund Manager of Indiabulls Tax Savings Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹79 Cr and the Latest NAV as of 08 Jul 2019 is ₹9.76.

    The Indiabulls Tax Savings Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. The scheme shall offer tax benefits under Section 80C of the Income Tax Act. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

    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
    HDFC Bank
    Registrar & Transfer Agent
    Karvy
    Address
    NA
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