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Unrated

Indiabulls Savings Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Analyst's Choice?

Suitability:

Money Market debt funds invest in bonds with maturity of up to 1 year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to 3 months maturity, from the one that invests in bonds maturing in 3-6 months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to the next one year in a Liquid fund.

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 1.24 0.35 0.26 0.26 1.29 2.99 6.94 -- -- -- --
CCIL T Bill Liquidity Weight 1.04 0.23 0.17 0.47 1.03 1.92 4.21 -- -- -- --
Debt: Money Market 1.31 0.86 0.72 0.39 1.36 3.00 7.12 -- -- -- --
Rank within category 15 17 17 18 15 14 13 -- -- -- --
Number of funds in category 19 20 20 19 19 19 17 13 13 13 12

As on 27-Mar-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.42 (19-Dec-2018 - 26-Dec-2018) -0.34 (17-Mar-2020 - 24-Mar-2020)
Month 0.99 (03-May-2019 - 04-Jun-2019) -0.07 (25-Feb-2020 - 26-Mar-2020)
Quarter 2.29 (19-Dec-2018 - 20-Mar-2019) 0.91 (24-Dec-2019 - 24-Mar-2020)
Year 8.07 (02-Nov-2018 - 04-Nov-2019) 6.57 (25-Mar-2019 - 24-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 4.06 0.27 -5.85 -10.16 -- --
Debt: Money Market* 6.80 0.71 2.81 6.86 1.00 2.75
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 29-Feb-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 5 11 1 39
Modified Duration (yrs) 0.21 0.70 0.21 0.34
Average Maturity (yrs) 0.22 0.73 0.22 0.34
Yield to Maturity (%) 5.53 7.56 5.53 5.79

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal HDFC 351-D 13/08/2020 Commercial Paper A1+ 0.00 - 91.21 41.87
new Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 21.46 21.46
new Tata Power 88-D 06/03/2020 Commercial Paper A1+ 0.00 - 8.60 8.60
new Reserve Bank of India 48-D 23/03/2020 Treasury Bills SOV 0.00 - 8.58 8.58
new ICICI Bank 23/03/2020 Certificate of Deposit A1+ 0.00 - 8.58 8.58

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 29-Feb-2020

Fund Manager

— 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:


0.35%

Change from previous, NAV as on 27-Mar-2020

Growth: ₹ 1,113.4777

Dividend Daily: ₹ 1,005.1373


Investment Strategy

The scheme seeks to provide reasonable returns, commensurate with moderately low risk while providing a high level of liquidity.

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: 19-Sep-2018
Return Since Launch: 7.32%
Benchmark: CRISIL Money Market Index
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 23 Cr (As on 29-Feb-2020)
Expense: 0.22% (As on 29-Feb-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily27-Mar-20200.3149

 16-Mar-20200.1264
 11-Mar-20200.1798
 09-Mar-20200.2875
 06-Mar-20200.0095
 05-Mar-20200.1747
 04-Mar-20200.3453
 02-Mar-20200.2394
 27-Feb-20200.0947
 26-Feb-20200.0792
 25-Feb-20200.1403
 24-Feb-20200.3980
 20-Feb-20200.1163
 18-Feb-20200.2352
 17-Feb-20200.2448
 14-Feb-20200.1008
 13-Feb-20200.2051
 12-Feb-20200.1069
 11-Feb-20200.1422
 10-Feb-20200.3061
 07-Feb-20200.1940
 06-Feb-20200.3623
 05-Feb-20200.0060
 04-Feb-20200.1700
 03-Feb-20200.3159
Dividend Weekly02-Apr-20191.6313

 25-Mar-20190.6125
 18-Mar-20191.2616
 11-Mar-20191.0291
 05-Mar-20191.1936
 25-Feb-20190.7942
 18-Feb-20190.8972
 11-Feb-20191.2706
 04-Feb-20190.8961
 28-Jan-20191.0358
 21-Jan-20191.0386
 14-Jan-20191.1612
 07-Jan-20191.1276
 31-Dec-20180.9925
 24-Dec-20181.0645
 17-Dec-20180.9878
 10-Dec-20180.9243
 03-Dec-20181.1748
 26-Nov-20180.9188
 19-Nov-20180.9958
 12-Nov-20181.0255
 05-Nov-20181.0978
 29-Oct-20181.0303
 22-Oct-20181.0388
 15-Oct-20181.0103
Dividend Monthly26-Dec-20184.2780

 26-Nov-20184.6096
 25-Oct-20184.4408
 25-Sep-20181.1444
Dividend Fortnightly26-Nov-20181.8898

 12-Nov-20182.6913
 25-Oct-20182.1893
 10-Oct-20182.2005
 25-Sep-20181.1355

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

Last Session

Investors' Hangout

5 ways to deal with market panic

dateFriday, 20-Mar-2020
time12:30 PM - 01:00 PM

Registration Over