Indiabulls Income Fund (G)
Scheme Information
2019-04-26
| Inception Date | Mar 4, 2013 |
| Benchmark | Crisil Composite Bond Fund Index |
| Objective | The primary investment objective of the Scheme is to generate a steady stream of income and medium to long term capital appreciation/gain through investment in fixed income securities such that the Macaulay duration of the portfolio is between 3 years - 4 years. Portfolio Macaulay duration under anticipated adverse situation is 1 year to 4 years. |
| Fund Manager | Karan Singh |
| AUM (In Crores) | 23.95 |
| Allocation |
Others: 11.4784% Debt: 88.5216% |
| Exit Load | Nil |
| Minimum Investment Amount |
First Investment:
500
|
| Expense Ratio | 0.78 |
| Average Maturity | 635.10 Days |
| Modified Duration | 540.20 Days |
| Yield to Maturity | 8.65% |
Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund (link provided) before taking any Investment action based on this information.
Recommended Funds
Equity: Mirae Asset Large Cap Fund (G) • HDFC Top 100 Fund (G) • Kotak Standard Multicap Fund (G) • Parag Parikh Long Term Equity Fund (G)
Debt:
Axis Liquid Fund (G) •
SBI Magnum Low Duration Fund (G) •
ICICI Prudential Corporate Bond Fund - Regular (G)
Tax Saver Plan:
DSP Tax Saver Fund (G) •
Motilal Oswal Long Term Equity Fund (G)
Emergency Fund:
Reliance Low Duration Fund (G)