Indiabulls Liquid Funds  - IndiabullsAMC

Indiabulls Ultra Short Term Fund

Type of Scheme: Ultra Short Duration Fund- An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months

Investment Objective: To provide liquidity with returns commensurate with low risk through a portfolio of money market and debt securities such that the Macaulay duration of the portfolio is between 3 months - 6 months.
This product is suitable for investors who are seeking*
Liquidity with commensurate returns over short term.
Through investment in money market and debt securities.
Moderately Low Risk
RISKOMETER
Indiabulls Ultra Short Term Mutual Fund  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)#
  Minimum Maximum
Money market instruments 50 100
Debt instruments (including floating rate debt instruments, securitized debt*) 0 50

 

*securitized debt cumulative allocation not to exceed 25% 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 3 months – 6 months

The Fund shall be managed according to the Investment Objective - to generate returns commensurate with the low risk of the portfolio. This scheme is positioned to meet the needs of those investors who want to deploy their funds for a short period of time with the low risk. The returns would match the levels of risk taken in the portfolio.

The composition of the Indian Debt market (both the primary and secondary) is dominated by money market instruments in the short end of the yield curve and by medium and long term bonds and debentures in the long end of the curve. Since the objective of the scheme is to generate returns with the low commensurate risk, the scheme would predominantly invest in money market and debt instruments such that the Macaulay duration of the portfolio is between 3 months – 6 months. As the turnover of the portfolio would be high, given the fact the investors in ultra-short term 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.
 

 

  • Type of Scheme :
    Ultra Short Duration Fund- An open ended
    ultra-short term debt scheme investing in
    instruments such that the Macaulay duration of the
    portfolio is between 3 months and 6 months
  • Benchmark Index :
    Crisil Liquid Fund Index
  • Load Structure :
    Entry Load: Not Applicable,
    Exit Load: Nil
  • Options :
    Growth & Dividend
    Daily Dividend (Reinvestment)
  • Sub Options :
    Weekly Dividend (Reinvestment & Payout) 
    Fortnightly Dividend(Reinvestment & Payout) 
    Monthly Dividend (Reinvestment & Payout
  • Minimum Application Amount :
    Rs.500 and in multiples of Re.1 thereafter
  • Minimum Additional Purchase Amount :
    Rs.500 and in multiples of Re.1 thereafter
  • Minimum Redemption Amount :
    1 unit or Rs. 1,000 and in multiples of Re.1 thereafter

 

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.

 

AAAmfs by CRISIL**

**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.

Important update : Dear Investor, We request you to take note of revised NAV cut off time effective till further notice. For subscriptions in Liquid Fund and Overnight Fund: 12.30pm. For subscription in all other schemes: 1.00 pm. For redemptions across all schemes: 1.00 pm. No other change in terms & conditions.Please read all scheme documents carefully.