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Unrated

Indiabulls Banking And PSU Debt Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable 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 3.36 0.04 0.01 -0.05 0.84 2.05 5.18 -- -- -- --
CCIL T Bill Liquidity Weight 2.53 0.05 0.07 0.18 0.56 1.45 3.44 -- -- -- --
Debt: Banking and PSU 7.30 0.07 0.01 0.30 1.14 4.84 9.68 -- -- -- --
Rank within category 19 18 15 19 15 19 18 -- -- -- --
Number of funds in category 19 20 20 20 19 19 18 16 14 10 3

As on 30-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Indiabulls Banking And PSU Debt Fund - Regular Plan
Unrated
May-19 5.18 -- -- 0.72 21
IDFC Banking & PSU Debt Fund - Regular Plan
5 star
Mar-13 10.98 9.25 8.46 0.65 17,691
Axis Banking & PSU Debt Fund  | Invest Online
5 star
Jun-12 9.88 9.01 8.57 0.62 16,059
Kotak Banking and PSU Debt Fund Regular Plan  | Invest Online
4 star
Dec-98 10.29 8.60 8.60 0.74 9,132
Nippon India Banking & PSU Debt Fund  | Invest Online
4 star
May-15 10.66 8.57 8.62 0.80 5,410

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.07 (24-Mar-2020 - 31-Mar-2020) -0.66 (12-Mar-2020 - 19-Mar-2020)
Month 1.63 (24-Mar-2020 - 23-Apr-2020) -0.72 (20-Feb-2020 - 23-Mar-2020)
Quarter 3.22 (14-May-2019 - 13-Aug-2019) 0.26 (24-Dec-2019 - 24-Mar-2020)
Year 7.90 (17-May-2019 - 18-May-2020) 5.21 (09-Sep-2019 - 09-Sep-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.90 0.32 -3.63 -6.95 -- --
Debt: Banking and PSU* 7.94 2.36 1.32 2.65 2.24 5.48
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-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 6 9 4 81
Modified Duration (yrs) 2.40 2.40 0.30 2.72
Average Maturity (yrs) 3.17 3.17 0.35 3.77
Yield to Maturity (%) 5.35 6.26 3.47 5.34
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Axis Bank 13/01/2021 Certificate of Deposit A1+ 0.00 - 29.93 29.93
equal 9.37% State Bank of India 21/12/2023 Debenture AA+ 0.00 - 19.92 19.92
equal 8.85% HDFC Bank 31/12/2099 Bonds AA+ 0.00 - 19.33 19.33
equal 7.49% Nat. Highways Authority 2029 Debenture AAA 0.00 - 14.64 14.64
equal 8.14% Maharashtra State 27/05/2025 State Development Loan SOV 0.00 - 5.08 5.08
equal 7.83% Maharashtra State 2030 State Development Loan SOV 0.00 - 5.04 5.04

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-Aug-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:


0.04%

Change from previous, NAV as on 30-Sep-2020

Growth: ₹ 1,095.2709

Dividend Weekly: ₹ 1,007.5307

More

Dividend Monthly: ₹ 1,002.4822

Dividend Fortnightly: ₹ 1,006.1582

Dividend Daily: ₹ 1,005.9240


Investment Strategy

The scheme seeks to generate income over short to medium term horizon through investments in debt and money market instruments of various maturities, consisting predominantly of securities issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs).

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 0.25% for redemption within 3 days

Basic Details

Fund House: Indiabulls Mutual Fund
Launch Date: 13-May-2019
Return Since Launch: 6.78%
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 21 Cr (As on 31-Aug-2020)
Expense: 0.72% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly25-Sep-20204.5211

 25-Aug-20201.5098
 27-Jul-20203.6972
 25-Jun-20202.8512
 26-May-20203.4755
 27-Apr-20204.7733
 26-Mar-20202.7073
 25-Feb-20203.5102
 27-Jan-20203.8372
 26-Dec-20194.6502
 25-Nov-20196.2084
 25-Oct-20195.1453
 25-Sep-20194.3428
 26-Aug-20194.9306
 25-Jul-20196.9327
 25-Jun-20197.5124
Dividend Daily03-Sep-20200.1751

 02-Sep-20200.1644
 01-Sep-20201.2996
 13-Aug-20200.0488
 10-Aug-20200.0263
 05-Aug-20200.0015
 04-Aug-20200.3859
 03-Aug-20200.2837
 31-Jul-20200.7558
 30-Jul-20200.4338
 21-Jul-20200.1728
 20-Jul-20200.6586
 16-Jul-20200.3046
 15-Jul-20200.4570
 14-Jul-20200.3269
 13-Jul-20200.7947
 10-Jul-20200.5309
 09-Jul-20200.7187
 08-Jul-20200.8315
 07-Jul-20201.5269
 06-Jul-20200.3195
 03-Jul-20200.2373
 02-Jul-20200.0321
 01-Jul-20200.5831
 30-Jun-20200.5263
Dividend Fortnightly10-Aug-20202.3463

 27-Jul-20201.7387
 10-Jul-20206.3451
 25-Jun-20201.4769
 10-Jun-20200.6454
 26-May-20202.3633
 11-May-20202.2706
 27-Apr-20204.3332
 13-Apr-20200.9700
 26-Mar-20201.0881
 25-Feb-20201.4223
 10-Feb-20202.4109
 27-Jan-20201.8253
 10-Jan-20202.3147
 26-Dec-20190.9042
 25-Nov-20192.4576
 11-Nov-20192.7704
 25-Oct-20193.9607
 10-Oct-20193.2927
 25-Sep-20190.0783
 11-Sep-20191.5942
 26-Aug-20191.8403
 13-Aug-20194.0054
 25-Jul-20191.3789
 10-Jul-20193.2581
Dividend Weekly10-Aug-20200.5379

 03-Aug-20201.4830
 20-Jul-20201.8015
 13-Jul-20204.3157
 06-Jul-20201.8127
 29-Jun-20200.4553
 22-Jun-20200.5779
 15-Jun-20200.7902
 08-Jun-20200.2944
 26-May-20201.2420
 18-May-20201.3316
 11-May-20200.8137
 04-May-20200.8128
 27-Apr-20201.3626
 20-Apr-20203.3625
 09-Mar-20201.5467
 24-Feb-20200.5000
 17-Feb-20200.6808
 10-Feb-20201.4983
 03-Feb-20200.8073
 27-Jan-20201.0365
 20-Jan-20200.5494
 13-Jan-20200.8480
 06-Jan-20201.1437
 30-Dec-20190.3269

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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