Indiabulls Short Term Fund
Type of Scheme: Short Duration Fund- An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 years and 3 years
Investment Objective: The Scheme will endeavor to generate stable returns over short term with a low risk strategy while maintaining liquidity through a portfolio comprising debt and money market instruments such that the Macaulay duration of the portfolio is between 1 year – 3 years. However, there can be no assurance that the investment objective of the scheme will be achieved.
This product is suitable for investors who are seeking*
Stable returns over short term while maintaining liquidity
Through investment in debt & money market instruments
Investors understand that their principal will be at moderate risk
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Indicative allocation (% of total assets)#
Money market instruments
Debt instruments including government securities, corporate debt, securitized debt* and other debt instruments
*securitized debt cumulative allocation not to exceed 50% of the net assets of the Scheme (No investment in foreign securitized debt). Investment in Debt Derivatives – upto 50% of the net assets of the Scheme.
# Macaulay duration of the portfolio shall be between 1 year – 3 years
• The scheme proposes to invest in a diversified portfolio of high quality debt and money market securities to generate stable risk adjusted returns with a low risk strategy.
• The Indian debt market is in a phase of rapid transformation with liquidity and investment opportunities arising in various debt segments along with the introduction of new instruments.
The fund manager will try to allocate assets of the scheme between various fixed income securities with the objective of achieving optimal risk adjusted returns.
• The overall portfolio construction will seek to play out the shape of the yield curve of different issuer classes. At the current juncture it would invest in short duration segment to benefit from “high carry” and lower volatility.
• The Scheme would aim to benefit from the softening in yields in foreseeable future as monetary easing (of rates and liquidity) takes place
• The investment team of the AMC will carry out rigorous in depth credit evaluation of the money market and debt instruments proposed to be invested in.
Type of Scheme :
An open ended short term debt scheme investing in
instruments such that the Macaulay duration of
the portfolio is between 1 years and 3 years
Investment Plan / Option :
Growth, Dividend (Pay-out & Re-investment).
All these Options/Sub-Options have Direct & Regular Plan
Load Structure :
Entry Load: Not Applicable,
Exit Load: Nil
Minimum Application :
Rs.500 and in multiples of Re. 1 thereafter
Minimum Additional Purchase Amount:
Rs.500 and in multiples of Re. 1 /- thereafter
Benchmark Index :
CRISIL Short Term Bond Fund Index
Systematic Investment Plan (SIP)/ Systematic Transfer
Plan (STP)/Systematic Withdrawal Plan (SWP)
facilities are available
Mr. Karan Singh (Head – Fixed Income Research)
Mr. Karan Singh has over 14 years of experience in the fixed income markets, providing macro analysis, credit research and portfolio management, across the asset management and credit ratings space. In his role at Indiabulls AMC, he is part of the fixed income fund management team. He brings in valuable expertise having worked for reputed investment management firms such as Fidelity Investments, Invesco Asset management and the credit rating agency ICRA.
**CRISIL Disclaimer: A CRISIL credit quality rating on a bond fund reflects CRISIL's current opinion on the degree of protection offered by the rated instrument from losses related to credit defaults. It does not constitute an audit by CRISIL of the fund house, the scheme, or companies in the scheme's portfolio. CRISIL ratings are based on information provided by the issuer or obtained by CRISIL from sources it considers reliable. CRISIL does not guarantee the completeness or accuracy of the information on which the rating is based. A CRISIL rating is not a recommendation to buy, sell or hold the rated scheme: it does not comment on the market price or suitability for a particular investor. All CRISIL ratings are under surveillance. CRISIL reserves the right to suspend, withdraw or revise its rating at any time, on the basis of any new information or unavailability of information or any other circumstances, which CRISIL believes may have an impact on the rating. For the latest rating information on any instrument of any company rated by CRISIL, please contact CRISIL RATlNG DESK at or at (+91 22) 3342 3001- 09.