Indiabulls Liquid Funds  - IndiabullsAMC

Indiabulls Arbitrage Fund

Type of Scheme: An open ended scheme investing in arbitrage opportunities

Investment Objective: To generate income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be realized.
This product is suitable for investors who are seeking*
To generate reasonable returns over short to medium term.
Investment predominantly in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.
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) Risk Profile
  Minimum Maximum Low/ Med/High
Equity and equity related securities* 65% 100% Medium to High
Equity Derivatives* 65% 100% Medium to High
Debt & Money market securities/instruments 0% 35% Low

 

*The asset allocation to the extent of 65% to 100% in Equity and Equity Derivatives is on account of arbitrage strategy pursued by the fund from the hedging perspective and not the exposure

The fund manager will evaluate the mismatch between the price of a stock in the futures market and in the spot market on a market neutral basis. If the price of a stock in the futures market is higher than in the spot market, after adjusting for cost of carry and taxes the scheme shall buy the stock in the spot market and sell the same stock in equal quantity in the futures market simultaneously. The Scheme will endeavour to build similar market neutral positions that offer an arbitrage potential for e.g. buying the basket of index constituents in the cash segment and selling the index futures, Buying ADR/GDR and selling the corresponding stock future etc. The Scheme would also look to avail of opportunities between one futures contract and another.

 

  • Type of Scheme :
    An open ended scheme investing in
    arbitrage opportunities
  • Options :
    Growth Option & Dividend Option
    The Dividend option has the following
    facilities: Dividend Re-investment
    Facility & Dividend Pay-out Facility
  • Minimum application amount :
    Rs. 500 and in multiples of Re. 1 thereafter
    Rs. 1,000 and in multiples of Re. 1 thereafter
    (For Systematic Investment Plan )
  • Minimum additional application amount :
    Rs. 500 and in multiples of Re. 1 thereafter
  • Minimum redemption amount :
    Minimum of Rs. 1000 and in multiples
    of Re. 1 thereafter
  • Load Structure :
    Entry: Not Applicable
    Exit: 0.25% if redeemed/ switched
    out within one month, from the date of allotment.
    NIL - if redeemed/ switched out after one
    month from the date of allotment.
  • Benchmark :
    Crisil Liquid Fund Index

 

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Mr. Veekesh Gandhi (Sr Fund Manager –Equity)

Mr. Veekesh Gandhi has more than 10 years of experience in the field of finance. He was earlier associated with DSP Merrill Lynch Ltd, SSKI Securities and Motilal Oswal Securities, wherein he was responsible for tracking the BFSI sector and research on investment ideas.

 

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Mr. Vishal Ashar (Fund Manager –Equity)

Mr. Vishal Ashar has over 12 years of experience in Equity Markets. He is associated with Indiabulls Mutual Fund for more than 4 years. Vishal had previously worked with Motilal Oswal Financial Services Ltd & Sharekhan Ltd handling their proprietary desk. He holds Master’s degree in Finance from Mumbai University.

 

Manager - IndiabullsAMC

Vikrant Mehta (Joint Head – Fixed Income, Debt)

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.