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Indiabulls Savings Income Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.29 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.99 Lakh

Analyst's Choice?

Suitability:

When you invest for three years or above, you can expect gains that beat the inflation rate and are also slightly higher than fixed income options. But be prepared for some ups and downs in your investment value along the way.

Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds and commodities. Given their underlying investments, these funds offer a viable alternative to regular income seekers. To derive dependable, inflation-protected income, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6% of the value of your investment every year.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than three years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

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 -0.03 -0.01 -0.18 -0.15 0.66 3.83 7.19 8.89 -- -- --
VR MIP TRI 0.64 -0.09 -0.06 0.01 1.91 4.95 10.58 8.60 -- -- --
Hybrid: Conservative Hybrid 1.24 -0.14 -0.30 0.59 1.88 5.18 8.62 6.11 -- -- --
Rank within category 32 5 24 32 31 30 25 1 -- -- --
Number of funds in category 38 38 38 38 37 37 35 35 32 30 25

As on 18-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.97 (17-Sep-2019 - 24-Sep-2019) -2.55 (02-Feb-2017 - 09-Feb-2017)
Month 4.80 (26-Dec-2017 - 25-Jan-2018) -2.68 (25-Nov-2016 - 26-Dec-2016)
Quarter 9.28 (25-Oct-2017 - 24-Jan-2018) -2.65 (24-Nov-2016 - 23-Feb-2017)
Year 19.43 (09-Feb-2017 - 09-Feb-2018) 0.71 (01-Feb-2018 - 01-Feb-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.99 4.76 0.49 0.89 0.77 0.43
VR MIP TRI 8.13 4.10 0.60 0.95 -- --
Hybrid: Conservative Hybrid 5.80 4.21 0.08 0.18 0.75 -1.72
Rank within category 4 26 4 3 23 5
Number of funds in category 36 36 36 36 36 36

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

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 3
Number of Bonds 3
Average Maturity (yrs) 0.56
Top 10 Holdings (%) 75.96
Portfolio P/B Ratio 2.79
Portfolio P/E Ratio 25.40

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 63-D 17/03/2020 Treasury Bills SOV 0.00 - 36.08 36.08
equal 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 12.34 12.34
equal HDFC 351-D 13/08/2020 Commercial Paper A1+ 0.00 - 5.86 5.86

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

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Indiabulls Nifty 50 Exchange Traded Fund Reg-G Financial -- 7.77
equal HDFC Bank Financial 25.57 7.32 0.00 7.29
equal ICICI Bank Financial 37.17 3.85 0.00 3.85
equal State Bank of India Financial 24.33 2.85 0.00 2.77

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-Jan-2020

Fund Manager

— Veekesh Gandhi since 17-Jan-2019

Education: Mr. Gandhi has done MBA & M.Com

Experience: Prior to joining Indiabulls Mutual Fund, he has worked with DSP Merrill Lynch Ltd. as Equity Research Analyst, SSKI Securities as Banking and Strategy Analyst and Motilal Oswal Securities as Equity Research Analyst.

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:


-0.01%

Change from previous, NAV as on 18-Feb-2020

Growth: ₹ 14.0870

Dividend Quarterly: ₹ 10.1901

Dividend Monthly: ₹ 11.3274


Investment Strategy

The Scheme seeks to generate regular monthly returns through investment primarily in debt securities. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Scheme's assets in equity securities.

Investment Details

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

Basic Details

Fund House: Indiabulls Mutual Fund
Launch Date: 02-Dec-2015
Return Since Launch: 8.47%
Benchmark: CRISIL Hybrid 75+25 Conservative Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 17 Cr (As on 31-Jan-2020)
Expense: 2.22% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: High
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly27-Jan-20200.0720

 26-Dec-20190.0720
 25-Nov-20190.0720
 25-Oct-20190.0720
 25-Sep-20190.0720
 26-Aug-20190.0720
 25-Jul-20190.0720
 25-Jun-20190.0720
 27-May-20190.0720
 25-Apr-20190.0720
 25-Mar-20190.0720
 25-Feb-20190.0720
 25-Jan-20190.0720
 26-Dec-20180.0720
 26-Nov-20180.0720
 25-Oct-20180.0720
 25-Sep-20180.0720
 27-Aug-20180.0720
 25-Jul-20180.0720
 25-Jun-20180.0720
 25-May-20180.0720
 25-Apr-20180.0720
 26-Mar-20180.0722
 26-Feb-20180.0722
 25-Jan-20180.0722

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

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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