Indiabulls Liquid Fund
Indiabulls Short Term Fund
Indiabulls Dynamic Bond Fund
Indiabulls Overnight Fund
HOMEIndiabulls Liquid Fund
Type of Scheme: An Open ended Liquid Scheme
Investors understand that their principal will be at low to moderate risk
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Launch Date: 24 October, 2011
Asset Allocation
| Instruments | Indicative allocation (% of total assets) | Risk Profile | |
| Minimum | Maximum | Low/ Med/High | |
|
Money market and debt instruments with maturity upto 91 days (including floating rate debt instruments, securitized debt)* |
0% | 100% | Low to Medium |
*Securitized debt cumulative allocation not to exceed 15% of the net assets of the Scheme (No investment in foreign securitized debt).
The residual maturity of securitized debt shall not exceed 91 days.
Benchmark Index: CRISIL Composite Bond Fund Index
Investment Strategy: Objective of the scheme - To generate returns commensurate with low risk, the scheme would predominantly invest in money market instruments. As the turnover of the portfolio would be high, given the fact the investors in a liquid fund would deploy their funds for a short period of time, the portfolio would be structured to incorporate high liquidity by the use of cash and cash equivalents.The yield curve in the short end (overnight to 3 months) of the curve tends to remain flat with the least amount of volatility. In such a scenario, the fund manager would make attempts to invest the scheme proceeds uniformly across all the maturity buckets. The investment team would carry out rigorous in depth credit evaluation of the money market and debt instruments the scheme proposes to invest in. The credit evaluation will essentially be a bottom up approach and include a study of the operating environment of the issuer, the past track record as well as the future prospects of the issuer and the short term / long term financial health of the issuer.
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Nature of the Scheme :An Open-ended Liquid Scheme
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Launch Date :October 25, 2011
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Benchmark Index :Crisil Liquid Fund Index
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Load Structure :Entry Load: Not Applicable,
Exit Load: Effective from October 20, 2019 (Sunday)
Investor exit upon subscription* Exit load as a% of redemption proceeds Day 1 0.0070% Day 2 0.0065% Day 3 0.0060% Day 4 0.0055% Day 5 0.0050% Day 6 0.0045% Day 7 Onwards 0.0000%
*The date of applicable NAV towards redemption units shall be considered for calculating the number of subscription days.
It is clarified that the redemptions of Units will be considered on First-In-First-Out (FIFO) basis.
The aforesaid changes will be applicable on a prospective basis from Effective Date in respect of investments made in the above scheme on or after the Effective Date.
Aforementioned exit load is applicable to all types of Investments/ exists like SIP, STP, SWP, Dividend Transfer Plan, Insta Redemption etc. -
Options :Growth & Dividend
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Minimum Application Amount :Rs. 500 and in multiples of Re.1 thereafter
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Minimum Additional Purchase Amount :Rs. 500 and in multiples of Re.1 thereafter
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Minimum Redemption Amount :Rs1,000 or 1 unit and in multiples of Re.1 thereafter
