Indiabulls Gilt Fund - Indirect Plan - Growth Option
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|Fund Type||Government Bond|
More about this fund
|91 DTB 29112018||34.9%|
|182 DTB 14122018||26.1%|
|6.84% Govt Stock 2022||25.54%|
|6.97% Govt Stock 2026||0.36%|
About Indiabulls Gilt Fund
Being an open-ended debt fund, the scheme seeks to generate capital appreciation and income by investing predominantly in sovereign securities issued by the State Governments or Central Governments without any restrictions on the maturity of the portfolio.
Pros and Cons of Indiabulls Gilt Fund
This product is suitable for those who are seeking:
- Over medium to long term income and capital appreciation.
- The fund is invested in sovereign securities issued by Central Government or State Government without any restrictions on maturity of the portfolio.
Fund Information and Statistics of Indiabulls Gilt Fund
Inception/ Launch Date
The Indiabulls Gilt Fund was launched on 10 January 2013 by Indiabulls Mutual Fund.
The scheme does not guarantee any returns. The objective of the scheme will be achieve there is no such guarantee. The value of the scheme may go up and down as the price or the interest rates of the securities fluctuate in which the scheme invests. The investment also involves risks such as settlement risk, liquidity risk, trading volumes including possible loss of the principal.
The scheme offers redemption of its units on all business days at NAV based price on ongoing basis within 5 business days from the date of allotment. As per the regulations under normal circumstances AMC shall dispatch the redemption proceeds within 10 business days from the date of receipt of redemption request from the unit holder.
Mr. Karan Singh is the fund manager of Indiabulls Gilt Fund since April 2018.
Entry/ Exit Load
The entry load is not applicable and the exit load is NIL for this scheme.
Tax benefits of investing in Indiabulls Gilt Fund
The short term capital gains are taxed based on the investors income tax slab. The units held for more than 36 months are long term capital gains and taxed at 20% with indexation benefit. The dividends of this fund are taxed at 28.84%.
About Indiabulls Mutual Fund
With Indiabulls Housing Finance Limited as sponsor and Indiabulls Trustee Company Ltd as Trustee has established Indiabulls Mutual Fund. This fund is a SEBI registered mutual fund. The mutual fund by making strategic investments in secured instruments at a portfolio level tries to achieve consistent risk adjustment returns.
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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