People are hereby notified that, Indiabulls Mutual Fund is to be acquired by a fintech firm namely Groww, pusraunt to the SEBI approval. Consequently, the AMC name "Indiabulls Mutual Fund" will be changed to "Groww Mutual Fund" and fund names under the AMC will be revised too as follows:
Existing Scheme Name(s) | New Scheme Name(s) |
---|---|
Indiabulls Arbitrage Fund | Groww Arbitrage Fund |
Indiabulls Bluechip Fund | Groww Large Cap Fund |
Indiabulls Dynamic Bond Fund | Groww Dynamic Bond Fund |
Indiabulls Equity Hybrid Fund | Groww Aggressive Hybrid Fund |
Indiabulls Liquid Fund | Groww Liquid Fund |
Indiabulls Nifty 50 ETF | Groww Nifty 50 ETF |
Indiabulls Overnight Fund | Groww Overnight Fund |
Indiabulls Short Term Fund | Groww Short Duration Fund |
Indiabulls Tax Savings Fund | Groww ELSS Tax Saver Fund |
Indiabulls Value Fund | Groww Value Fund |