Indiabulls Income Fund Regular Growth
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- Fund Summary
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|Fund Type||Medium Duration|
More about this fund
|07.83 MH SDL 2030||17.15%|
|08.16 GJ SDL 2029||9.64%|
|Reliance Industries Limited||9.1%|
|Power Finance Corporation Ltd.||8.96%|
|Rural Electrification Corporation Limited||8.95%|
|8.14% Maharashtra SDL 2025||7.71%|
|07.89 GJ SDL 2025||5.73%|
|STATE BANK OF INDIA||3.67%|
|6.97% Govt Stock 2026||0.19%|
|7.61% Govt Stock 2030||0.01%|
About Indiabulls Income Fund
Indiabulls income fund is an open-ended scheme which will invest in Debt instruments and securitized debts including Repos in Corporate Debt Securities as well as money market instrument. The scheme aims to generate steady income along with capital appreciation over a period of 3-4 years which is also the portfolio Macaulay duration.
Pros & Cons of Indiabulls Income Fund
Indiabulls income fund offers the following benefits: 1. The scheme offers income as well as capital appreciation by investing in fixed income securities. 2. The returns are higher than the benchmark over 1 year, 3 years’, and 5-years’ time frame. 3. While the AUM may vary, it could be less than 500 crores.
Fund Information and Statistics of Indiabulls Income Fund
i) Inception / Launch date
The Indiabulls income fund was started on March 4, 2013, by Indiabulls Asset Management.
ii) Risk level
Investments made in Indiabulls Income Fund are at moderate risk since asset allocation is only amongst debt instruments and money market instruments.
The units can be redeemed on any business day based on the NAV prices. The Mutual Fund shall dispatch Redemption proceeds within 10 Business Days of the Redemption date. The investment cannot be redeemed in less than five business days from the date of allotment.
iv) Fund Manager
The fund managed by Karan Singh since April 2018. He has worked with Taurus Corporate Advisory Services Ltd., Invesco Asset Management Company Ltd., and others before joining Indiabulls.
v) Entry / Exit load
The fund house does not charge any entry load or exit load.
Tax benefits of investing in Indiabulls Income Fund
The Short-term capital gain tax will be levied on unitholders as per the income tax slab rate if units are held for less than 36 months. A long-term capital gains tax of 20% is applicable with indexation if units are held for more than three years.
About Indiabulls Savings Income Fund
Indiabulls Asset Management is a part of the Indiabulls group and was established on April 10, 2008. The Indiabulls group collectively serves over 9,20,000 customers through its various ventures. Indiabulls Asset Management company serves as a subsidiary of Indiabulls Housing Finance Limited with an aim to create wealth by judicious use of risk-reward paradigm.
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns