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Indiabulls Short Term Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Analyst's Choice?

Suitability:

Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.

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 like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is to build wealth in the long run.

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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(₹)
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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 0.55 0.05 0.21 0.69 1.22 0.59 5.90 7.16 8.54 -- --
CCIL T Bill Liquidity Weight 0.24 0.00 0.07 0.28 0.84 1.91 4.21 4.15 4.45 -- --
Debt: Short Duration 0.50 0.06 0.28 0.60 1.47 3.34 5.41 6.07 7.24 -- --
Rank within category 25 24 26 21 24 25 18 15 5 -- --
Number of funds in category 29 29 29 29 29 29 28 26 26 24 0

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.07 (06-Oct-2015 - 13-Oct-2015) -0.75 (04-Nov-2019 - 11-Nov-2019)
Month 1.93 (18-Sep-2015 - 20-Oct-2015) -0.74 (17-Sep-2019 - 17-Oct-2019)
Quarter 3.47 (20-Jul-2015 - 19-Oct-2015) -0.76 (08-Aug-2019 - 07-Nov-2019)
Year 11.73 (17-Oct-2014 - 19-Oct-2015) 5.83 (14-Jan-2019 - 14-Jan-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.04 1.27 1.04 1.76 2.30 5.10
CCIL T Bill Liquidity Weight 4.08 0.26 -6.21 -10.52 -- --
Debt: Short Duration 6.13 3.00 0.63 1.30 3.48 6.13
Rank within category 16 3 12 12 3 20
Number of funds in category 27 27 27 27 27 27

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

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 7 26 5 57
Modified Duration (yrs) -- -- -- 2.04
Average Maturity (yrs) 1.42 2.33 0.48 2.49
Yield to Maturity (%) 7.44 12.20 7.44 7.45

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 10.38% Forbes Technosys 20/03/2020 Debenture BBB+ 0.00 - 44.09 44.09
equal IDFC First Bank 25/06/2020 Certificate of Deposit A1+ 0.00 - 14.86 14.86
new 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 9.06 9.06
new 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 5.35 5.35
new 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 0.00 - 5.17 5.17
equal 6.98% National Bank Agr. Rur. Devp 19/09/2022 Debenture AAA 0.00 - 3.84 3.84
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 1.28 1.28

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-Dec-2019

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:

— Vikrant Mehta since 20-Jun-2019

Education: Mr. Mehta is CFA and M.S.

Experience: Prior to joining Indiabulls AMC he has worked with Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.

Funds Managed:


0.05%

Change from previous, NAV as on 24-Jan-2020

Growth: ₹ 1,719.8419

Dividend Weekly: ₹ 1,007.4652

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Dividend Monthly: ₹ 1,015.5953

Dividend Fortnightly: ₹ 1,007.7232


Investment Strategy

The scheme will endeavor to generate stable returns over short term with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments.

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: 13-Sep-2013
Return Since Launch: 8.89%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 39 Cr (As on 31-Dec-2019)
Expense: 0.48% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Weekly20-Jan-20201.0292

 13-Jan-20200.7703
 29-Jul-20191.5936
 22-Jul-20191.6027
 15-Jul-20194.3781
 08-Jul-20192.8070
 01-Jul-20190.1817
 24-Jun-20191.3422
 17-Jun-20190.5410
 03-Jun-20192.2320
 27-May-20192.9697
 20-May-20192.4749
 13-May-20191.1958
 06-May-20190.4795
 30-Apr-20191.0582
 22-Apr-20190.3170
 15-Apr-20190.7484
 08-Apr-20190.0428
 02-Apr-20194.5100
 25-Mar-20191.3603
 18-Mar-20191.8089
 11-Mar-20191.9631
 05-Mar-20191.5798
 25-Feb-20191.0086
 18-Feb-20191.0676
Dividend Fortnightly10-Jan-20201.9411

 25-Jul-20195.3198
 10-Jul-20194.5365
 25-Jun-20192.1902
 10-Jun-20191.1186
 27-May-20195.8186
 12-May-20192.5303
 25-Apr-20190.9026
 10-Apr-20194.6111
 25-Mar-20193.0748
 11-Mar-20193.8707
 25-Feb-20192.2480
 11-Feb-20190.1418
 25-Jan-20193.5880
 10-Jan-20193.7511
 26-Dec-20184.4432
 10-Dec-20183.5141
 26-Nov-20183.8126
 12-Nov-20182.6824
 25-Oct-20182.1659
 10-Oct-20183.6561
 10-Sep-20180.5282
 27-Aug-20182.3975
 10-Aug-20183.4215
 25-Jul-20183.1188
Dividend Monthly25-Jul-20199.8864

 25-Jun-20193.3427
 27-May-20198.3970
 25-Apr-20195.5557
 25-Mar-20197.1642
 25-Feb-20192.4235
 25-Jan-20197.3741
 26-Dec-20188.0258
 26-Nov-20186.5222
 25-Oct-20186.4003
 27-Aug-20185.8948
 25-Jul-20186.4341
 25-Jun-20186.1441
 25-May-20182.2483
 25-Apr-20183.1469
 26-Mar-20186.9280
 26-Feb-20183.3693
 25-Jan-20183.9288
 26-Dec-20170.5181
 27-Nov-20171.8132
 25-Oct-20174.6704
 25-Sep-20172.6480
 28-Aug-20175.2793
 25-Jul-20176.5661
 27-Jun-20175.1643

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: www.indiabullsamc.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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