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2 star

Indiabulls Savings Fund - Regular Plan


Debt: Money Market

1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

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 2.28 0.01 0.05 0.20 0.85 2.04 5.61 -- -- -- --
CCIL T Bill Liquidity Weight 2.07 0.03 0.05 0.26 0.89 1.91 3.96 -- -- -- --
Debt: Money Market 3.69 0.03 0.14 0.63 2.11 3.51 7.16 -- -- -- --
Rank within category 18 18 19 20 20 19 17 -- -- -- --
Number of funds in category 19 20 20 20 20 19 18 13 13 13 12

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 Savings Fund - Regular Plan
2 star
Sep-18 5.61 -- -- 0.22 6
Aditya Birla Sun Life Money Manager Fund  | Invest Online
5 star
Oct-05 8.09 7.90 7.75 0.31 9,214
HDFC Money Market Fund  | Invest Online
4 star
Nov-99 8.17 7.70 7.54 0.35 8,422
Kotak Money Market Fund Regular Plan  | Invest Online
4 star
Jul-03 7.27 7.53 7.53 0.26 7,970
Nippon India Money Market Fund  | Invest Online
4 star
Jun-05 7.56 7.69 7.58 0.25 4,265

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.48 (24-Mar-2020 - 31-Mar-2020) -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) 0.79 (07-Apr-2020 - 07-Jul-2020)
Year 8.07 (02-Nov-2018 - 04-Nov-2019) 5.57 (11-Jul-2019 - 10-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 4.07 0.28 -4.34 -7.86 -- --
Debt: Money Market* 6.93 0.78 3.08 8.34 0.69 2.47
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

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- 8 1 31
Modified Duration (yrs) 0.02 0.70 0.02 --
Average Maturity (yrs) 0.02 0.73 0.02 --
Yield to Maturity (%) 3.13 6.77 3.13 --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

The underlying data is unavailable.

As on 30-Jun-2020

*As on 31-May-2020

Fund Manager

— 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:


0.01%

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

Growth: ₹ 1,124.8135

Dividend Daily: ₹ 1,005.1673


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: 6.72%
Benchmark: CRISIL Money Market Index
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 6 Cr (As on 30-Jun-2020)
Expense: 0.22% (As on 31-May-2020)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily10-Jul-20200.0788

 09-Jul-20200.0788
 08-Jul-20200.0788
 07-Jul-20200.0788
 06-Jul-20200.2166
 03-Jul-20200.0984
 02-Jul-20200.0689
 01-Jul-20200.0689
 30-Jun-20200.0689
 29-Jun-20200.1969
 26-Jun-20200.0689
 25-Jun-20200.0689
 24-Jun-20200.0689
 23-Jun-20200.0689
 22-Jun-20200.2067
 19-Jun-20200.0689
 18-Jun-20200.0689
 17-Jun-20200.0689
 16-Jun-20200.0689
 15-Jun-20200.2067
 12-Jun-20200.0788
 11-Jun-20200.0788
 10-Jun-20200.0689
 09-Jun-20200.0788
 08-Jun-20200.2067
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: 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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