₹ 1119.5025
NAV (Mar 04)
Neutral
However, Scripbox does not recommend investing in banking and psu mutual funds.
Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.
They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.
The category accounts for close to 8% of the total assets in the Debt Segment.
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Track Record
2 Years. The fund has Insufficient history for analysis. We recommend funds with longer history.
Relative Size
15 Cr. Negligible within the category
Impact of Interest Rate Changes
Moderate Interest Rate Risk. The impact on fund value is moderate when interest rates change
Credit Quality Of Fund's Portfolio
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Scheme Information
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).
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Low Risk
0.72 %
Expense Ratio
May 13, 2019
Launched (2y ago)
₹ 15
AUM in Crores
INF666M01GB9
ISIN
No Lock-in
Lock-in
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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About the AMC
Indiabulls Asset Management Company Ltd.
Indiabulls Asset Management Company Ltd. manages assets worth 688 crores and was set up on 10 April 2008. It's current offering of mutual fund schemes includes 22 equity,72 debt and 23 hybrid funds.
Large Cap
Top Ranked
₹ 117 Cr
Fund Size
6.5%
3Y returns
Liquid
Top Ranked
₹ 115 Cr
Fund Size
5.5%
3Y returns
Liquid
Top Ranked
₹ 115 Cr
Fund Size
4.2%
3Y returns
Liquid
Top Ranked
₹ 115 Cr
Fund Size
4.1%
3Y returns
Large Cap
Top Ranked
₹ 117 Cr
Fund Size
6.5%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Indiabulls Banking & PSU Debt Fund (G) is a banking and psu debt fund and has delivered an annualised return of 6.4% over a period of 2 years ..The fund is managed by Indiabulls Asset Management Company Ltd..The fund managers are Karan Singh, Vikrant Mehta
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). However, there is no assurance that the objective of the scheme will be realized.
The Indiabulls Banking & PSU Debt Fund (G) fund was launched on May 13, 2019. The NAV (Net Asset Value) of this banking and psu debt as of 2021-03-04 is ₹ 1119.5025. The total AUM (Asset Under Management) of the fund as of 2021-04-18 is ₹ 14.636. The category risk of the Indiabulls Banking & PSU Debt Fund (G) fund is Low Risk. The fund charges 0.72 % as expense ratio.
The fund’s highest allocation is towards others and has invested 100.0% in this asset class. The top three holdings of the fund are ccil and net receivable/payable
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to .
Indiabulls Banking & PSU Debt Fund (G) has a score of 2 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, Indiabulls Banking & PSU Debt Fund (G) has a score of 1 out of 5. The credit risk of the fund is 5 out of 5 as compared to other debt funds.