Rating : ★ ★ ★ ★ ★

Indiabulls Income Fund Direct Growth

Debt

  

Medium Duration Fund

NAV

18.4808 +0.0018

(as on 18 Sep, 2020)

RETURNS

8.7 %

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.

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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.

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Overview of Indiabulls Asset Management Company Ltd

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