6.75
10.25
1
Suitability:
When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
Capital gains
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -24.23 | -0.65 | -1.67 | -3.28 | -24.61 | -22.55 | -20.87 | -- | -- | -- | -- |
| S&P BSE 500 TRI | -24.52 | -0.68 | -1.19 | -1.59 | -25.17 | -22.98 | -21.54 | -- | -- | -- | -- |
| Equity: ELSS | -22.80 | -0.62 | -1.15 | -1.79 | -24.81 | -21.47 | -19.48 | -- | -- | -- | -- |
| Rank within category | 24 | 20 | 28 | 33 | 18 | 24 | 23 | -- | -- | -- | -- |
| Number of funds in category | 38 | 38 | 38 | 38 | 38 | 38 | 36 | 34 | 30 | 28 | 27 |
As on 22-May-2020
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | 8.16 (24-Mar-2020 - 31-Mar-2020) | -16.82 (11-Mar-2020 - 18-Mar-2020) |
| Month | 17.33 (23-Mar-2020 - 22-Apr-2020) | -33.56 (20-Feb-2020 - 23-Mar-2020) |
| Quarter | 12.18 (19-Sep-2019 - 19-Dec-2019) | -33.56 (23-Dec-2019 - 23-Mar-2020) |
| Year | 14.75 (30-Oct-2018 - 30-Oct-2019) | -28.87 (22-Mar-2019 - 23-Mar-2020) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | -- | -- | -- | -- | -- | -- |
| S&P BSE 500 TRI* | 2.91 | 21.06 | -0.12 | -0.13 | -- | -- |
| Equity: ELSS* | 1.17 | 20.68 | -0.20 | -0.21 | 0.95 | -1.86 |
| Rank within category | -- | -- | -- | -- | -- | -- |
| Number of funds in category | -- | -- | -- | -- | -- | -- |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on
* As on 30-Apr-2020
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| Number of Stocks | 43 |
| Top 10 Stocks (%) | 40.85 |
| Top 5 Stocks (%) | 25.52 |
| Top 3 Sectors (%) | 50.55 |
| Portfolio P/B Ratio | 2.93 |
| Portfolio P/E Ratio | 19.42 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 1,30,556 | 82,260 |
| Giant (%) | 64.63 | 50.80 |
| Large (%) | 18.27 | 16.48 |
| Mid (%) | 13.56 | 24.63 |
| Small (%) | 3.54 | 8.08 |
| Tiny (%) | -- | 0.12 |
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Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2020
— Rajeev Desai since 13-May-2020
Education: Mr. Desai has done PGDBM (Finance) and B.E. (Mech).
Experience: Prior to joining Indiabulls Mutual Fund, he has worked with Systematix Shares & Stocks (I) Ltd, IFCI Financial Services Ltd., IDFC Securities Ltd. (earlier IDFC SSKI Securities Ltd.), Batliboi Ltd., Blue Star Ltd., Contec Airflow India Pvt. 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:
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The Scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. The scheme shall offer tax benefits under Section 80C of the Income Tax Act.
| 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 |
| Fund House: | Indiabulls Mutual Fund |
| Launch Date: | 28-Dec-2017 |
| Return Since Launch: | -10.51% |
| Benchmark: | S&P BSE 500 TRI |
| Riskometer: | Moderately High |
| Type: | Open-ended |
| Assets: | ₹ 73 Cr (As on 30-Apr-2020) |
| Expense: | 2.25% (As on 30-Apr-2020) |
| Risk Grade: | -- |
| Return Grade: | -- |
| Turnover: | 85.00% |
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
Friday, 29-May-2020
12:30 PM - 01:00 PM