Indiabulls Liquid Funds  - IndiabullsAMC

Indiabulls Banking and PSU Debt Fund

Type of Scheme: An open ended debt scheme predominantly investing in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.

Investment Objective: To generate income over short to medium term horizon through investments in debt and money market instruments of various maturities, consisting predominantly of securities issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs). However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme(s) does not assure or guarantee any returns.
This product is suitable for investors who are seeking*
Income over short to medium term.
Investments in debt and money market instruments of various maturities, consisting predominantly of securities issued by Banks, Public Sector undertakings, Public Financial Institutions & Municipal Bonds.
Moderately Low Risk.
RISKOMETER
Indiabulls PSU Funds Riskometer - IndiabullsAMC
Investors understand that their principal will be at Moderately low risk.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Asset Allocation

Instruments Indicative allocation (% of total assets) Risk Profile
Minimum Maximum
Debt and Money Market Instruments issued by Banks,
Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) and Municipal Bonds.
80% 100% Low to Medium
Debt and Money Market Instruments issued by other entities,
Government Securities issued by Central and State Government.
0% 20% Low to Medium
Units issued by REITs and InvITs 0% 10% Low to Medium

Investment Strategy: The Scheme seeks to maximize risk adjusted returns to the investor through an active management of the portfolio, by elongating the duration of the portfolio in a falling interest rate scenario and reducing the duration at a time when interest rates are moving up.

The Fund Manager would seek to enhance returns by trading on the shape of the yield curve in the short to medium time frame and also on the differentiated premia offered by the market to different issuers of debt.

The portfolio would be constructed with a judicious mix of instruments issued by the universe of eligible issuers across the spectrum. The fund predominantly (minimum 80%) invests in securities issued by Banks, PSUs and PFIs. These securities are expected to have relatively high liquidity and thus investments are likely to be skewed towards "Triple A" (AAA) or A1+ assets.

Portfolio maturity is determined after analyzing the macroeconomic environment including future course of system liquidity, interest rates and inflation along with other considerations in the economy and markets.

 

  • Nature of the Scheme :
    An open ended debt scheme predominantly investing in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.
  • Benchmark Index :
    CRISIL Banking and PSU Debt Index.
  • Load Structure :
    Entry Load: Not Applicable,
    Exit Load: Redemption/Switch on or before 3 days of subscription: 0.25%,
    Post completion of 3 days: Nil
  • Options :
    Growth, Dividend (Pay-out & Re-investment).
    All these Options/Sub-Options have Direct & Regular Plan
  • Minimum Application Amount :
    Rs. 500 and in multiples of Rs. 1 thereafter
  • Minimum Additional Purchase Amount :
    Rs. 500 and in multiples of Rs. 1 thereafter (For Systematic Investment Plan (SIP).
  • SIP :
    Systematic Investment Plan (SIP)/ Systematic Transfer Plan (STP)/
    Systematic Withdrawal Plan (SWP)facilities are available

 

Manager - IndiabullsAMC

Vikrant Mehta (Joint Head – Fixed Income)

Mr. Vikrant Mehta has 24+ years of fixed income and emerging markets experience across fund management, macro research, trading and sales. Prior to joining Indiabulls AMC, Mr. Mehta worked with PineBridge Investments, where he was the Head of Fixed Income at PineBridge India AMC. Subsequently he was a sovereign rates and currency specialist for Asia, in his role as Asian sovereign analyst with PineBridge. Vikrant’s other work assignments have been with NVS Brokerage, JM Morgan Stanley and Mata Securities. Mr. Mehta is an M.S. in Engineering and a CFA from The Institute of Chartered Financial Analysts of India.