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4 star

Indiabulls Income Fund - Direct Plan


Debt: Medium Duration

1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Suitability:

Medium Duration debt funds invest in bonds maturing in 3 to 4 years' time. They aim to earn slightly better returns than inflation and bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.

We believe that retail investors who are looking to invest for 3 years or more should have at least some portion of their money in equity because of its ability to earn much higher returns. Therefore, Balanced Hybrid or Conservative Hybrid funds, which invest a part of your money in equity shares, are more suitable alternatives for an investment horizon of 3-5 years. They witness sharper ups and downs than Medium Duration debt funds but the possibility of incurring a loss is substantially reduced if you invest for 3 years and above.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 6.59 0.18 0.61 1.44 4.70 6.38 9.18 9.08 8.92 8.57 --
VR Bond 5.37 -0.04 0.27 0.74 3.20 5.11 7.37 7.05 7.51 7.59 --
Debt: Medium Duration 3.80 0.09 0.39 2.15 4.66 3.69 7.08 6.61 7.84 8.28 --
Rank within category 6 1 8 15 9 7 9 2 4 5 --
Number of funds in category 16 17 17 17 17 17 16 14 13 9 0

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Indiabulls Income Fund - Direct Plan
4 star
Mar-13 9.18 9.08 8.92 0.40 28
ICICI Prudential Medium Term Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 11.09 8.01 8.94 1.03 4,960
SBI Magnum Medium Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 13.01 9.63 10.44 0.78 3,246
IDFC Bond Fund Medium Term Plan - Direct Plan
4 star
Jan-13 12.28 9.06 9.18 0.75 2,973
HDFC Medium Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 9.64 8.14 8.78 0.49 933

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.32 (19-Aug-2013 - 26-Aug-2013) -4.23 (12-Aug-2013 - 19-Aug-2013)
Month 4.88 (19-Aug-2013 - 18-Sep-2013) -6.20 (19-Jul-2013 - 19-Aug-2013)
Quarter 6.51 (15-Sep-2014 - 15-Dec-2014) -9.55 (20-May-2013 - 19-Aug-2013)
Year 16.28 (04-Mar-2014 - 04-Mar-2015) -0.08 (17-May-2013 - 19-May-2014)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.60 3.02 1.09 2.79 1.05 1.80
VR Bond 6.73 1.95 0.74 1.57 -- --
Debt: Medium Duration 5.46 4.38 0.45 0.98 0.55 -0.63
Rank within category 2 8 3 3 15 3
Number of funds in category 15 15 15 15 15 15

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 9 11 6 30
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) 4.61 5.61 4.05 --
Yield to Maturity (%) 4.91 7.31 4.88 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 6.18% GOI 2024 GOI Securities SOV 0.00 - 22.10 22.10
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 35.74 19.00
down 6.17% GOI 15/07/2021 GOI Securities SOV 0.00 - 23.64 14.49
equal 6.45% GOI 2029 GOI Securities SOV 0.00 - 23.74 12.75
down 7.27% GOI 2026 GOI Securities SOV 0.00 - 17.70 9.53
new Canara Bank 2020 Certificate of Deposit A1+ 0.00 - 8.83 8.83
new Bank of Baroda 2020 Certificate of Deposit A1+ 0.00 - 5.30 5.30
equal 6.97% GOI 2026 GOI Securities SOV 0.17 - 0.48 0.20
equal 7.61% GOI 2030 GOI Securities SOV 0.01 - 0.02 0.01

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2020

Fund Manager

— Karan Singh since 16-Apr-2018

Education: Mr. Singh is B.A (Honours) in Economics, PGDBF & CFA - Level 1

Experience: Prior to joining IndiaBulls Mutual Fund he has worked with Taurus Corporate Advisory Services Ltd., DIOS Capital, Invesco Asset Management Company Ltd., Fidelity Investments and ICRA Ltd.

Funds Managed:


0.18%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 18.4366

Dividend Quarterly: ₹ 15.8199

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Dividend Monthly: ₹ 10.6642

Dividend Half Yearly: ₹ 15.7809


Investment Strategy

The scheme aims to generate income by investing in fixed income securities.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 5,000
Exit Load 0

Basic Details

Fund House: Indiabulls Mutual Fund
Launch Date: 04-Mar-2013
Return Since Launch: 8.68%
Benchmark: CRISIL Composite Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 28 Cr (As on 31-May-2020)
Expense: 0.40% (As on 31-May-2020)
Risk Grade: Low
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly25-Jun-20200.0701

 26-May-20200.1119
 27-Apr-20200.1374
 26-Mar-20200.0323
 25-Feb-20200.1156
 27-Jan-20200.0424
 26-Dec-20190.0076
 25-Nov-20190.0473
 25-Oct-20190.0395
 26-Aug-20190.0609
 25-Jul-20190.1123
 25-Jun-20190.0642
 27-May-20190.0806
 25-Apr-20190.0288
 25-Mar-20190.0632
 25-Feb-20190.0595
 25-Jan-20190.0573
 26-Dec-20180.0852
 26-Nov-20180.0856
 25-Oct-20180.0392
 27-Aug-20180.0341
 25-Jul-20180.0738
 25-Jun-20180.0340
 25-May-20180.0124
 25-Apr-20180.2590
Dividend Half Yearly25-Mar-20150.5226

 25-Sep-20140.4509
 25-Mar-20140.2218
 25-Mar-20130.0237
Dividend Quarterly25-Mar-20150.2178

 26-Dec-20140.2792
 25-Sep-20140.1513
 25-Jun-20140.2492
 25-Jun-20130.2664
 25-Mar-20130.0237

Contact Information

AMC: Indiabulls Asset Management Company Ltd.

Address: Indiabulls Finance Centre - 11th Floor, Elphinstone Mills, Senapati Bapat Marg, Elphinstone (W), Mumbai - 400013

Phone: 022-61891300 / 1800-2666-002

Email: [email protected]

Website: http://www.indiabullsamc.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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