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Unrated

Indiabulls Savings Fund - Regular Plan


Debt: Money Market

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Money Market debt funds invest in bonds with a maturity of up to one 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 over the said timeframe is low but they do not guarantee returns or safety of capital.

Such funds are usually more suited to institutional investors. 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 three months maturity, from the one that invests in bonds maturing in three to six 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 a year in a Liquid fund.

If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.

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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 0.16 0.01 0.05 0.25 0.64 1.29 3.32 -- -- -- --
CCIL T Bill Liquidity Weight 0.05 0.02 0.02 0.13 0.50 1.08 2.99 -- -- -- --
Debt: Money Market 0.12 0.01 0.03 0.23 0.76 1.73 5.36 -- -- -- --
Rank within category 1 19 3 9 17 19 18 -- -- -- --
Number of funds in category 20 20 20 20 19 19 18 12 12 12 12

As on 20-Jan-2021

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
Unrated
Sep-18 3.32 -- -- 0.22 1
HDFC Money Market Fund  | Invest Online
5 star
Nov-99 6.36 7.26 7.12 0.35 11,197
Aditya Birla Sun Life Money Manager Fund  | Invest Online
5 star
Oct-05 6.40 7.44 7.34 0.34 9,548
ICICI Prudential Money Market Fund  | Invest Now
4 star
Mar-06 6.03 7.16 7.15 0.33 8,884
Tata Money Market Fund - Regular Plan  | Invest Online
4 star
May-03 6.20 4.65 5.62 0.44 1,524

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) 0.61 (22-May-2020 - 21-Aug-2020)
Year 8.07 (02-Nov-2018 - 04-Nov-2019) 3.32 (13-Jan-2020 - 12-Jan-2021)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.78 0.34 -2.89 -5.80 -- --
Debt: Money Market* 6.73 1.04 2.76 5.46 1.34 3.28
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 31-Dec-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- 5 1 39
Modified Duration (yrs) 0.00 0.44 0.00 --
Average Maturity (yrs) 0.00 0.46 0.00 --
Yield to Maturity (%) 2.98 6.01 2.98 --
Avg Credit Rating Cash -- -- --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Others CBLO -- - 89.02

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-Dec-2020

*As on 30-Nov-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 20-Jan-2021

Growth: ₹ 1,140.1254

Dividend Daily: ₹ 1,009.9902


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: 5.76%
Benchmark: CRISIL Money Market Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 1 Cr (As on 31-Dec-2020)
Expense: 0.22% (As on 30-Nov-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily20-Nov-20200.0689

 19-Nov-20200.0591
 18-Nov-20200.0689
 17-Nov-20200.2461
 13-Nov-20200.0591
 12-Nov-20200.0689
 11-Nov-20200.0689
 10-Nov-20200.0689
 09-Nov-20200.2067
 06-Nov-20200.0689
 05-Nov-20200.0689
 04-Nov-20200.0689
 03-Nov-20200.0689
 02-Nov-20200.2756
 29-Oct-20200.0689
 28-Oct-20200.0689
 27-Oct-20200.0689
 26-Oct-20200.2067
 23-Oct-20200.0689
 22-Oct-20200.0689
 21-Oct-20200.0689
 20-Oct-20200.0689
 19-Oct-20200.2067
 16-Oct-20200.0689
 15-Oct-20200.0788
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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