Indiabulls Ultra Short Term Fund Growth
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|Risk||Moderately Low risk|
|Fund Type||Ultra Short Duration|
More about this fund
|48 DCMB 23032020||5.44%|
|Power Finance Corporation Ltd.||4.55%|
|Rural Electrification Corporation Limited||3.03%|
|LIC Housing Finance Limited||1.17%|
About Indiabulls Ultra Short Term Fund
Indiabulls Ultra Short Term Fund is an open-ended scheme that invests in money market instruments and debt instruments for a shorter time frame. The fund aims to enable liquidity while generating returns proportional to the risk taken. The Macaulay duration of the portfolio will be anywhere in between 3 months - 6 months.
Pros & Cons of Indiabulls Ultra Short Term Fund
- Indiabulls Ultra Short Term Fund offers the following benefits:
- The scheme enables investors to invest for shorter durations and generate returns with low risk.
- The scheme offers high liquidity as the ideal investment period is only 3-6 months.
- Risk-adjusted returns and returns over 3 years to 5 years are higher than the benchmark.
Fund Information and Statistics of Indiabulls Ultra Short Term Fund
i) Inception / Launch date
The Indiabulls Ultra Short Term Fund was started on January 06, 2012, by Indiabulls Asset Management.
ii) Risk level
The Indiabulls Ultra Short Term Fund is a moderately low-risk bet and suitable for investors looking for standard returns at lower risks.
The units can be redeemed on any business day after 5 days from allotment date. Mutual Fund shall dispatch Redemption proceeds within 10 Business Days of the Redemption date.
iv) Fund Manager
The fund managed by Mr Malay Shah since August 22, 2014. He had previously worked with Peerless Funds Management Co. Ltd. and Derivium Capital.
v) Entry / Exit load
The fund house does not charge any entry load or exit load.
Tax benefits of investing in Indiabulls Ultra Short Term 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 Ultra Short Term Fund
Indiabulls Asset Management is a part of the Indiabulls group and was established on April 10, 2008. The company strives to achieve a fine balance between safety, liquidity, and returns. The Indiabulls group is a well-known name in the housing finance and real-estate sectors.
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Frequently Asked Questions
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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