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Indiabulls 
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Indiabulls Value
Indiabulls Tax Savings Fund
Indiabulls Equity Hybrid Fund
HOMEIndiabulls Tax Savings Fund
Type of Scheme: ELSS- An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
Investment Objective: The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. The scheme shall offer tax benefits under Section 80C of the Income Tax Act.
However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
This product is suitable for investors who are seeking*
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities.
An ELSS Scheme offering tax benefits under Section 80C of the Income Tax Act
Moderately High Risk
RISKOMETER
Investors understand that their principal will be at moderately high risk
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Launch Date: 21 September, 2017
Asset Allocation
| Instruments | Indicative allocation(% of Net Assets)(Minimum - Maximum) | Risk Profile(High/ Medium/ Low) |
|---|---|---|
| Equity and Equity related instruments as per ELSS guidelines * | 80% to 100% | High |
| Debt, Money Market instruments, Cash and equivalent | 0% to 20% | Low to Medium |
*The Scheme may invest upto a maximum of 50% of its net assets in Derivatives
Benchmark Index:
The AMC will construct the tax savings mutual fund portfolio using bottom up approach and will have the flexibility to invest across the market capitalization. The investment environment, valuation parameters and other investment criteria will determine the allocation and the investment style. The AMC will conduct in-house research in order to identify investable ideas. AMC will evaluate appreciation potential of individual stocks from a fundamental perspective, assess industry and company fundamentals, robustness of business model, sustainability of moat, valuations, quality of management, corporate governance standards etc. This tax savings fund Scheme will have reasonably well diversified Portfolio without being overly diversified.
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Type of Scheme :ELSS- An open ended equity linked saving scheme with
a statutory lock in of 3 years and tax benefit -
Benchmark Index :S&P BSE 500 TRI
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Load Structure:Entry Load: Not Applicable;
Exit Load : NIL -
Plans :Direct & Regular
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Options :Growth & Dividend
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Minimum Application Amount :Rs. 500 and multiples of Re. 500 thereafter
Rs. 500 and in multiples of Re. 500 thereafter (For Systematic Investment Plan (SIP)) -
Minimum Additional Purchase Amount :Rs. 500 and in multiples of Re. 500 thereafter
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Minimum Redemption Amount :Minimum of Rs. 500 or account balance, whichever is lower and in multiples of Re. 500 thereafter.
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SIP :SIP facility is available. STP in and SWP in from other schemes available. However there is no facility for STP/SWP out of the ELSS scheme to other schemes. In addition to the above Dividend Sweep in and Sweep out is also available
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Lock-in Period :3 years
Mr. Sumit Bhatnagar (Head–Equity Funds)
Mr. Sumit Bhatnagar has over 14 years of experience in Banking & Capital Markets. At Indiabulls Mutual Fund, Sumit played a pivotal role in setting up the AMC systems & processes and in framing business strategy, designing business plan and products for the AMC. He is extensively research oriented and follows a Top Down approach for Large Caps and Bottom Up approach for Mid / Small Cap. He is well versed with Indian and Global Macros. Earlier, he worked with SEBI for five years in Investment Management Department, handing critical policy matters pertaining to mutual funds and contributed extensively in various high powered committees of SEBI. He holds an MBA (Investment Management) from the University of Toronto, Canada and is also a CFA (USA).
Mr. Malay Shah (Head – Fixed Income)
Mr. Malay Shah has around 14 years of experience in the field of finance. He has exposure to Debt – Dealing and Fund Management. Prior to joining Indiabulls Asset Management Company Limited, he was working in the capacity of Head – Fixed Income with Peerless Funds Management Co. Ltd, managing all the debt schemes namely Liquid, Ultra Short Term, Short Term, Income Plan, Child Plan, Dynamic Bond and FMPs. He is a Commerce graduate and has done his MMS in Finance from NMIMS.
Mr. Veekesh Gandhi (Sr Fund Manager –Equity)
Mr. Veekesh Shah has more than 10 years of experience in the field of finance. He was earlier associated with DSP Merrill Lynch Ltd, SSKI Securities and Motilal Oswal Securities, wherein he was responsible for tracking the BFSI sector and research on investment ideas.