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Indiabulls Income Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Medium Duration Fund

Scheme 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.

Scheme Details

  • Fund manager(s)Karan Singh
  • Launch date – 04-Mar-2013
  • Expense ratio – 0.4% as declared on 30-Sep-2020 (category average is 0.68%)
  • Benchmark - CRISIL 10 Year Gilt Index
  • Min SIP amount - ₹
  • Min investment amount (one time- first time) - ₹
  • Min investment amount (addtional purchase) - ₹
  • Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Net Buy Price
Buy Date
Sell Date
  • Gross Profit
  • Exit Charges
  • Net Profit

Tax Rate

If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

Indiabulls Asset Management Company Limited
11th Floor, Indiabulls Finance Centre Tower-1, Senapati Bapat Marg, Elphinstone (West) Mumbai - 400013.
Tel no.: 022-61891300
Fax no.: 022-61891320
Website.: www.indiabullsamc.com


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