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News Updates

05

Jan
2012

Indiabulls Mutual Fund launched NFO ­ Indiabulls Ultra Short Term Fund

Indiabulls Mutual Fund had launched Indiabulls Ultra Short Term Fund, an open ended Debt scheme on January 5, 2012.

Investment objective
To provide liquidity with returns commensurate with low risk through a portfolio of money market and debt securities.

However, there can be no assurance that the investment objective of the Scheme will be achieved

Investment Options
The Scheme has the following Options across a common portfolio:
Growth Option, suitable for investors who are not looking for current income but who invest only with the intention of capital appreciation.

Dividend Option, suitable for investors seeking income through dividend declared by the Scheme. Under this Option, the Scheme will endeavor to declare dividends depending on the availability of distributable surplus from time to time.

Further the Dividend Option has the following Facilities:
Dividend Reinvestment Facility (available for weekly, fortnightly and monthly frequency)
Dividend Pay-out Facility (available for fortnightly and monthly frequency)
If Dividend payable under Dividend Payout option is equal to or less than Rs. 250/- then the Dividend would be compulsorily reinvested in the option of the Scheme.
In cases where the investor fails to opt for a particular Option at the time of investment, the default Option will be Growth. If the investor chooses Dividend Option and fails to mention facility / frequency then the default facility will be Reinvestment and the default frequency will be monthly.
SIP/STP/SWP facilities are not available

Minimum Application Amount is Rs. 5,000 and in multiples of Re. 1/- thereafter

Minimum Additional Purchase Amount is Rs. 1,000 and in multiples of Re. 1/- thereafter

Minimum Redemption should be 1 unit or Rs. 1,000 and in the multiples of Re.1 thereafter.

Benchmark index is CRISIL Liquid Fund Index

Fund Managers: Mr. Raju Sharma & Mr. Puneet Srivastava

Transparency/NAV Disclosure

The NAV of the Scheme shall be published at least in two daily newspapers on all Business Days & the same shall be updated on AMC’s website (www.indiabullsmf.com) as well as on the website of Association of Mutual Funds in India - ‘AMFI’ (www.amfiindia.com) before 9.00 p.m. every Business Day.

The AMC will disclose the portfolio of the Scheme within one month from the close of each half year (i.e. 31st March and 30th September). The portfolio statement will also be displayed on the website of the AMC and AMFI.

Loads: There will be no Entry Load as well as no exit load.

Statutory Details: Indiabulls Mutual Fund has been set up as a Trust under the Indian Trusts Act, 1882;

Sponsor: Indiabulls Financial Services Ltd.

Trustee: Indiabulls Trustee Company Ltd.

Investment Manager:Indiabulls Asset Management Company Ltd (AMC). The Sponsor is not responsible or liable for any loss resulting from the operation of the scheme beyond the initial contribution of Rs. 50,000/- made by it towards setting up the Fund.

Risk Factors: Mutual funds like securities investments are subject to market and other risks and there can be no assurance that the Scheme’s objectives will be achieved. As with any investment in securities, the NAV of Units issued under the Scheme can go up or down depending on the factors and forces affecting capital markets. Past performance of the Sponsor/AMC/Mutual Fund does not guarantee the future performance of the Scheme. Investors in the Scheme are not being offered a guaranteed or assured rate of return. Indiabulls Ultra Short Term Fund is only the name of the Scheme and does not in any manner indicate the quality of the Scheme, its future prospects or returns. Mutual Fund Units involve investment risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal. As the price/value/interest rate of the securities in which the scheme invests fluctuates, the value of your investment in this scheme may go up or down. For detailed scheme specific risk factors, please refer the Scheme Information Document. The Statement of Additional Information (SAI), Scheme Information Document (SID) and Key Information Memorandum cum Application Forms (KIM) are available on the website www.indiabullsmf.com/Download.

Please read the SAI, SID and KIM carefully before investing and retain these documents for future references.