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Indiabulls Mutual Fund: NAV, Performance & Latest MF Schemes

Indiabulls Mutual Fund (Regn. No. MF/068/11/03) has been operating since 24th March 2011. This fund’s sponsor is the Indiabulls Housing Finance Limited, and the trustee is Indiabulls Trustee Company Ltd. The fund house is headed by Mr Ashok Kacker. 

The sponsor of the fund house, Indiabulls Housing Finance Limited, is one of the fastest-growing financial institutions in India. The company has received AA by CRISIL, CARE, ICRA and AA+ by Brickwork Ratings. As on March 2020, the company’s total loan book was INR 69,676 Crore, PAT was INR 2,200 Crore, and RoE, 17.60%.

They provide services in various segments, such as Consumer Finance, Commercial Loans, Housing Finance, Advisory Services, and Asset Management. The total client base of the company exceeds 9,20,000 customers. The company has an extensive branch and distributor network, enabling it to access a vast section of investors. Indiabulls Housing Finance Limited figures prominently in the list of top Indian private financial services companies regarding net worth. 

Besides Indiabulls Asset Management Company, the Indiabulls group’s other famous businesses include Indiabulls Housing Finance Limited (IBHFL), Indiabulls Real Estate (IBREL), and Indiabulls Ventures Limited. 

Indiabulls Asset Management Company’s (AMC) net assets increased to INR 20,290.51 lacs in the financial year 2019-20, as compared to INR 18,311.70 lacs in the financial year 2018-19. Its revenue from operations increased to INR 4,744.30 lacs from INR 3,792.49 lacs. The total income grew to INR 6,479.84 lacs from INR 4,781.91 lacs. And, in the financial year 2019-20, the AMC’s net profit increased to INR 2,098.45 lacs from INR 305.11 lacs. The company also witnessed a healthy jump in the basic EPS, from INR 0.18 in the financial year 2018-19 to 1.23 in 2019-20.  

Important Information About Indiabulls Mutual Fund

Mutual Fund NameIndiabulls Mutual Fund
Established 24th March 2011
Date of Incorporation10th April 2008
SponsorIndiabulls Housing Finance Limited M-62 & 63, First Floor,
Connaught Place,,
New Delhi
Delhi
110001 Tel: 011-30252900
Fax: 011-30156901
Email: helpdesk@indiabulls.com
Website: http://www.indiabullshomeloans.com
TrusteeIndiabulls Trustee Company Limited M – 62 & 63, First Floor Connaught Place New Delhi Central Delhi 110001 India
Directors, Trustee CompanyMr Gorinka Jaganmohan Rao, Independent Director Mr K. Vasudevan, Independent Director Mr Ajit Mittal, Associate Director
ChairmanMr Ashok Kacker
Whole Time Director and Chief Executive OfficerMr Ambar Maheshwari
Non-Executive DirectorMs Preetinder Virk 
Head – Compliance and Risk ManagementMr Uday Diwale
Investor Relations OfficerMr Vaibhav Sadanand Patil
Principal OfficerMr Abhishek Garg 
Registered Address, AMC11th Floor, Tower-1, Indiabulls
Finance Centre, Senapati Bapat Road,
Mumbai-400013 Phone: 022-61891300 / 1800-2666-002 Email: customercare@indiabullsamc.com Website: http://www.indiabullsamc.com
Internal AuditorM.P. Chitale & Co. Chartered Accountants 11, Prabhadevi Industrial Estate, Veer Savarkar Marg, Opp. Siddhivinayak Temple, Prabhadevi, Mumbai – 400025 
Registrar and Transfer Agent KFin Technologies Pvt Ltd. Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016 Phone: 040-44857874 Email: mfshyderabad@karvy.com Website: www.karvymfs.com
Fund Accountant and Custodian HDFC Bank Ltd. HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai – 400013

Six Top-Performing Indiabulls Mutual Fund Schemes 

  1. Indiabulls Nifty 50 Exchange Traded Fund

The Indiabulls Nifty 50 Exchange Traded Fund, with a NAV of 149.3135 (Regular Growth) (as on 12th April, 2021), is one of the top-performing funds in the ‘Equity: Large Cap’ category. This open-ended fund was launched on 26th April 2019 and has given trailing returns of 60.22% in one year (as on 12th April, 2021). The fund considers the NIFTY 50 TRI as its benchmark. 

Key Information

Minimum InvestmentINR 5,000
Minimum Additional InvestmentINR 1
Minimum SIP Investment
Minimum Withdrawal
Exit LoadNil
Return Since Inception (26th April 2019):13.05% (as on 13th April, 2021)
AssetsINR 16 Crore (as on 31st March, 2021)
Expense Ratio0.12% (as on 28th February, 2021)

2. Indiabulls Value Fund

The Indiabulls Value Fund, with a NAV of 13.9395 (Regular Growth) (as on 12th April, 2021), is the top-performing funds in the ‘Equity: Value Oriented’ category. This open-ended fund was launched on 8th September 2015 and has given trailing returns of 50.22% in one year (as on 12th April, 2021). The fund considers the S&P BSE 500 TRI as its benchmark. 

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 500
Exit Load1% for withdrawals before 3655 days
Return Since Inception (8th September 2015):6.11% (as on 13th April, 2021)
AssetsINR 14 Crore (as on 31st March, 2021)
Expense Ratio2.30% (as on 28th February, 2021)

3. Indiabulls Tax Savings Fund 

The Indiabulls Tax Savings Fund, with a NAV of 11.2200 (Regular Growth) (as on 12th April, 2021), is one of the top-performing funds in the ‘Equity: ELSS’ category. This open-ended fund was launched on 28th December 2017 and has given trailing returns of 44.01% in one year (as on 12th April, 2021). The fund considers the S&P BSE 500 TRI as its benchmark. 

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 500
Exit LoadNil (Lock-in period – 3 years)
Return Since Inception (28th December 2017):3.56% (as on 13th April, 2021)
AssetsINR 54 Crore (as on 31st March, 2021)
Expense Ratio2.25% (as on 28th February, 2021)

4. Indiabulls Bluechip Fund

The Indiabulls Bluechip Fund, with a NAV of 24.4500 (Regular Growth) (as on 12th April, 2021), is one of the best-performing funds in the ‘Equity: Large Cap’ category. This open-ended fund was launched on 10th February 2012 and has given trailing returns of 43.76% in one year (as on 12th April, 2021). The fund considers the NIFTY 50 TRId as its benchmark. 

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 500
Exit Load1% for withdrawals before 7 days
Return Since Inception (10th February 2012):10.23% (as on 13th April, 2021)
AssetsINR 113 Crore (as on 31st March, 2021)
Expense Ratio2.43% (as on 28th February, 2021)

5. Indiabulls Equity Hybrid Fund

The Indiabulls Equity Hybrid Fund, with a NAV of 12.8501 (Regular Growth) (as on 12th April, 2021), is one of the top-performing funds in the ‘Hybrid: Aggressive Hybrid’ category. This open-ended fund was launched on 13 December 2018 and has given trailing returns of 41.75% in one year (as on 12th April, 2021). The fund considers the CRISIL Hybrid 35+65 Aggressive TRI as its benchmark. 

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 500
Exit Load1% for withdrawals before 7 days
Return Since Inception (13 December 2018):11.34% (as on 13th April, 2021)
AssetsINR 33 Crore (as on 31st March, 2021)
Expense Ratio2.36% (as on 28th February, 2021)

6. Indiabulls Savings Income Fund

The Indiabulls Savings Income Fund, with a NAV of 15.1926 (Regular Growth) (as on 12th April, 2021), is the best-performing funds in the ‘Hybrid: Conservative Hybrid’ category. This open-ended fund was launched on 2nd December 2015 and has given trailing returns of 12.91% in one year (as on 12th April, 2021). The fund considers the CRISIL Hybrid 75+25 Conservative TRI as its benchmark. 

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 500
Exit LoadNil
Return Since Inception (2nd December 2015):8.11% (as on 13th April, 2021)
AssetsINR 12 Crore (as on 31st March, 2021)
Expense Ratio2.00% (as on 28th February, 2021)  

How Can You Invest in Indiabulls Mutual Fund Via EduFund?

EduFund is simple to understand mobile app that simplifies investing in Indiabulls Mutual Fund. You can conveniently install the app from Google Play Store or Apple App Store and create an account. The next thing you need to do is browse the various Indiabulls Mutual Fund schemes and select the right one for your financial goals. 

EduFund displays every information, ranging from NAV to returns and the expense ratio, making it easier for you to choose the best Indiabulls Mutual Fund scheme. You can choose the amount as per your convenience and invest. Investments in Indiabulls mutual fund starts from INR 500 (for SIP) and INR 5,000 (for a lump sum).

EduFund app is your all-in-one store for getting information about your investments. You can purchase units, switch your investment to a better scheme, and redeem partial or all units. EduFund transfers the proceeds to your registered bank account within 24 hours of receiving the redemption proceeds from the mutual fund house. 

You can consult with expert mutual fund advisors who can guide you to find the best plans at any stage. EduFund uses top-class authentication and encryption parameters to secure the transactions. 

Three Best Performing Fund Managers at Indiabulls Mutual Fund

Indiabulls Mutual Fund managers have extensive experience in driving value and generating growth for customers. The following are the top three fund managers at Indiabulls AMC:

1. Mr Malay Shah

Mr Malay Shah, Head of Fixed income, Indiabulls Asset Management, joined the company in August 2014. Before joining Indiabulls AMC, he was the Head of Fixed Income at Peerless Mutual Fund, Dealer of Fixed Income at Derivium Capital and Securities Private Limited, and Dealer of Fixed Income at Parag Parikh Financial Advisory Services Limited. He has experience of 17 years in the Indian fixed income markets. His specialities include structured credit and fundraising. His educational qualifications include Bachelor in Commerce and MBA in Finance. Mr Shah manages funds like the Indiabulls Liquid Fund, Indiabulls Gilt Fund, Indiabulls Ultra Short Term Fund, Indiabulls Short Term Fund, and Indiabulls Income Fund. 

2. Mr Saurabh Sharma

Mr Saurabh Sharma, Associate Fund Manager(AFM), Indiabulls Asset Management, joined the company in December 2012, as the Dealer of Fixed Income. He was promoted to his current position in January 2019. Before joining Indiabulls AMC, he worked as an Article Trainee at D.R. Mehta & Associates. His specialities include Fixed income, Portfolio Management, Investments, Asset Management, Trading, Securitisation, Audit, Risk, and Valuation. He has a B.Com degree from Mumbai University. Mr Sharma manages funds like the Indiabulls Ultra Short Term Fund, Indiabulls Savings Fund, and Indiabulls Liquid Fund. 

3. Mr Karan Singh

Mr Karan Singh, Head of Fixed Income Research, Indiabulls Asset Management, joined the company in May 2018. Before joining Indiabulls AMC, he has served many renowned organisations like Taurus Corporate Advisory Services Limited (Strategist for Fixed Income), DIOS Capital (Director/Strategist), Escorts Asset Management Company (Analyst), ICRA Limited (Senior Analyst), Religare Aegon AMC (Analyst), and Fidelity Investments (Associate for Fixed Income). He has more than 16 years of experience in managing fixed income funds. Mr Singh holds a Bachelor’s degree in Economics (Delhi University) and CFA Level-1 (CFA Institute, USA). He manages funds like Indiabulls Short Term Fund, Indiabulls Liquid Fund, Indiabulls Value Fund, Indiabulls Savings Income Fund, Indiabulls Arbitrage Fund, and Indiabulls Tax Savings Fund. 

Why Should You Invest in Indiabulls Mutual Fund?

Indiabulls mutual fund is sponsored by the second-largest privately-run housing finance company in India. The AMC’s net profit and assets grew considerably in the financial year 2019-20. With the stock market recovering from its pandemic-driven fall, the chances are high that Indiabulls mutual fund’s stellar performance will continue unabated.  The AMC offers mutual fund schemes in many categories like equity, debt, hybrid, etc.

Select EduFund For Investing in Indiabulls Mutual Fund 

EduFund offers you a simple to install the app for investing in Indiabulls Mutual Fund. It tracks 400 financial scenarios and over 1 lakh data points to help you find a suitable mutual fund scheme for your financial needs. You can use several free calculators, such as the SIP calculator, College Savings Calculator, etc., to figure out the amount you need to save every month. In case you need more help, EduFund’s expert mutual fund counsellor can help you get on the right track. 

Alongside Indian funds, you can also invest in international mutual funds and US Dollar ETFs to benefit from the upswings.  EduFund is RIA-registered and uses world-class 128-SSL security parameters to safeguard your investments. 

Download the EduFund app now and start investing for a golden future.

EduFund

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