Rating : ★ ★ ★ ★ ★
Indiabulls Income Fund Direct Growth
 ÂMedium Duration Fund
Fund Type
Open Ended
Investment Plan
Growth
Investment Plan
0%
Benchmark
CRISIL Composite Bond Fund TR INR
Asset Size
25.53 Cr.
(As of 31 Aug, 2020)
Risk
Moderate
Objective
The primary investment objective of the Scheme is to generate a steady stream of income and medium to long term capital appreciation/gain through investment in fixed income securities such that the Macaulay duration of the portfolio is between 3 years - 4 years. Portfolio Macaulay duration under anticipated adverse situation is 1 year to 4 years. However, there can be no assurance that the investment objective of the Scheme will be achieved.
 
Fund manager
Karan Singh
Exit load
N / A
Minimum sip
₹500
Minimum investment
₹500
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
07.83 MH SDL 2030
19.06%
Reliance Industries Limited
10.27%
Rural Electrification Corporation Limited
10.12%
Power Finance Corporation Ltd.
10.09%
Sector Allocation
About the Scheme Type
Medium Duration Funds invest in debt and money market instruments wherein the portfolio’s Macaulay Duration should be between three to four years. Given that these funds do not have equity exposure, it reduces the risk factor and is generallysuited for investors whose investment horizon is 1 – 3 years and are looking for just better than nominal returns.
Ratings
This fund is rated 5 stars by Morning Star Ratings.