Indiabulls Income Fund - Direct Plan - Growth Option of Indiabulls Mutual Fund has asset class type as Income-Long-Term. Oro Wealth rating for the fund is 2.
Crisil Composite Bond Fund Index
Gilt - Long Term
Medium Duration Fund
Karan Singh B.A (Honours) in Economics, PGDBF & CFA Institute (Member) - Level 1 Prior to joining Indiabulls Asset Management Company he was associated with Taurus Corporate Advisory Services Ltd., DIOS Capital, Invesco Asset Management Company, Fidelity Investments and ICRA Ltd.
The scheme is to generate a steady stream of income and medium to long term capital appreciation and gain through investment in fixed income securities such that the Macaulay duration of the portfolio is between 3 years - 4 years. Portfolio Macaulay duration under anticipated adverse situation is 1 year to 4 years. However, there can be no assurance that the investment objective of the scheme will be achieved.