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Unrated

Indiabulls Tax Savings Fund - Regular Plan


Equity: ELSS

1 Lakh

Investment declined to
₹ 0.92 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.18 Lakh

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

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • 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 10% (effectively 11.648%, 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 -12.86 -0.23 1.26 5.26 13.53 -13.20 -7.94 -- -- -- --
S&P BSE 500 TRI -10.03 -0.42 1.44 6.45 18.81 -10.99 -4.74 -- -- -- --
Equity: ELSS -10.49 -0.38 1.11 5.42 15.05 -11.38 -5.48 -- -- -- --
Rank within category 29 11 17 21 28 25 26 -- -- -- --
Number of funds in category 38 38 38 38 38 38 36 34 30 28 27

As on 10-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Indiabulls Tax Savings Fund - Regular Plan
Unrated
Dec-17 -7.94 -- -- 2.25 71
Axis Long Term Equity Fund  | Invest Online
5 star
Dec-09 -0.30 6.12 7.63 1.74 20,292
Aditya Birla Sun Life Tax Relief 96  | Invest Online
4 star
Mar-96 0.47 2.61 6.88 1.93 10,101
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 -3.45 2.37 7.37 1.87 5,789
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
4 star
Dec-15 -0.76 5.35 -- 1.89 3,141

Best & Worst Performance

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 26.52 (23-Mar-2020 - 22-Jun-2020) -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)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 4.28 21.61 -0.05 -0.05 -- --
Equity: ELSS* 2.32 21.15 -0.14 -0.15 0.95 -2.02
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-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 43
Top 10 Stocks (%) 41.85
Top 5 Stocks (%) 25.26
Top 3 Sectors (%) 49.97
Portfolio P/B Ratio 2.72
Portfolio P/E Ratio 18.59

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,27,898 81,886
Giant (%) 66.70 51.09
Large (%) 16.34 16.11
Mid (%) 13.79 24.48
Small (%) 3.16 8.30
Tiny (%) -- 0.22

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 22.27 9.42 4.48 7.61
up Reliance Industries Energy 32.28 8.79 4.75 5.87
equal Indiabulls Nifty 50 Exchange Traded Fund Reg-G Financial -- 4.37
equal Infosys Technology 20.07 4.10 0.00 4.05
equal ICICI Bank Financial 24.39 7.21 0.00 3.95
equal HCL Technologies Technology 14.29 3.78 1.92 3.78
equal Nestle India FMCG 79.90 3.74 1.04 3.69
equal Ultratech Cement Construction 18.86 3.56 0.00 3.56
equal Larsen & Toubro Construction 13.71 5.08 3.17 3.39
up Axis Bank Financial 66.93 3.30 0.00 3.07
equal Asian Paints Chemicals 60.39 3.11 0.00 2.88
equal Tata Consultancy Services Technology 26.71 2.50 0.00 2.47
equal HDFC Asset Management Company Financial 41.45 2.57 0.00 2.41
equal Dabur India FMCG 58.00 2.46 0.00 2.34
equal Hindustan Unilever FMCG 77.37 2.65 0.00 2.17
equal ICICI Lombard General Insurance Company Financial 47.94 2.01 0.00 2.01
equal SBI Life Insurance Company Financial 60.46 2.08 0.00 1.94
equal Pidilite Industries Chemicals 62.94 1.88 0.00 1.86
equal Titan Company Cons Durable 56.87 2.24 0.00 1.81
equal Sanofi India Healthcare 43.18 1.63 0.00 1.63
equal Bata India FMCG 49.68 1.65 0.00 1.55
equal PI Industries Chemicals 58.54 1.52 0.00 1.51
equal Indiabulls Housing Finance Financial 4.58 2.80 0.00 1.35
equal NTPC Energy 13.29 1.55 0.00 1.25
equal Coal India Energy 4.84 1.48 0.00 1.21

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

— 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:

— Karan Singh since 30-May-2020

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:


-0.23%

Change from previous, NAV as on 10-Jul-2020

Growth: ₹ 8.8100

Dividend: ₹ 8.8100


Investment Strategy

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.

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: 28-Dec-2017
Return Since Launch: -4.88%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 71 Cr (As on 31-May-2020)
Expense: 2.25% (As on 31-May-2020)
Risk Grade: --
Return Grade: --
Turnover: 75.00%

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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