Indiabulls Mutual Fund
Indiabulls Mutual Fund has bene providing to notch mutual fund schemes for its investors since 2011. The fund house is known for presenting a range of debt and equity Mutual Funds that caters to different risk exposures and time horizons. This fund house is a part of the popular Indiabulls G, whose other business interests include housing finance, real estate, and capital market marketing and distribution services.
Indiabulls Mutual Fund’s mission is to emerge as a fund house of choice of the savvy Indian investor of today’s times. The fund house is organized to operate as a trust wherein its trustee is Indiabulls Trustee Company Ltd., and its sponsor being Indiabulls Housing Finance Ltd.
Indiabulls Mutual Fund is one of the prominent and fastest growing Mutual Funds in India. Indiabulls Group has provided great yields to more than 500,000+ customers across different financial products through its different branches, network cells & digital marketing. It also ranks among the top private sector financial services groups in terms of net worth. The fund house works hard to achieve a logical spread of its portfolio of MFs in the market with schemes that aim to strike a balance between safety, liquidity, and returns to the investors without any hassles. Its parent organization - the Indiabulls Group has prominent companies such as Indiabulls Housing Finance Ltd., Indiabulls Real Estate, and Indiabulls Ventures under its management.
Recently, Indiabulls Mutual Fund AMC has filed papers with SEBI to launch the Indiabulls Savings Fund. This money market scheme will seek to provide investors with reasonable returns along with high liquidity while featuring low to moderate level of risk. The scheme will be released as an opened-ended fund with zero exit load. This facilitates active participation from investors and helps them to invest/redeem scheme units on any business day. This liquid fund is hence, ideal for short term parking of excess funds by investors (both individual and institutional).
The Indiabulls Savings Fund will invest up to 100% of its total assets in money market instruments with maturity of up to 1 year. Additionally, the scheme also has the flexibility to invest up to 100% of total assets in derivatives and up to 50% of net assets in securitized debt.
This scheme will be benchmarked against the CRISIL Money Market Index which tracks the performance of a money market portfolio comprising Treasury Bills, Certificates of Deposits and Commercial Papers. The CRISIL Money Market Index features 6 month and 1 year returns of 3.79% and 7.13% respectively.
This new money market fund will be managed by Malay Shah. He currently manages the Indiabulls Ultra Short Term Fund and the Indiabulls Liquid Fund, which are among the top performers in their respective categories.
|Date of setup||March 24, 2011|
|Sponsor(s)||Indiabulls Housing Finance Limited|
|Address||11th Floor, Indiabulls Finance Centre Tower-1, Senapati Bapat Marg, Elphinstone (West) Mumbai – 400013.|
|Tel||022 - 61891300|
|Fax||022 - 61891320|
Why Choose IndiaBulls Mutual Fund?
Total transparency: IndiaBulls Mutual Fund’s expert advisors provide full disclosure to investors when they embark on a new investment relationship. This helps the investor get comprehensive insights for decision making purposes.
Tax benefits: Some of the AMC’s schemes like Indiabulls Tax Savings Fund-DP (G) (ELSS) benefit the investor in saving on tax. Coupled with the stable returns, investors find this scheme attractive.
Online transaction: IndiaBulls investors need not step out of their home or office for transacting on Indiabulls mutual funds. This convenience makes the AMC a preferred MF house for many investors across India. The online interface guides the customer on each step such as monitoring of NAV or redeeming the investment without any troubles.
Extensive portfolio management: The company picks assets to manage after careful research and analysis. The professionally managed funds from highly diversified portfolios mean that these emerge as viable wealth generation avenues for the regular investors.
Types of Funds Offered
Liquid Fund: This debt fund by IndiaBulls MF provides investors an avenue to earn through short term money markets. The fund managers would allocate cash and cash equivalents as the means to generate high liquidity in a quick period of time. Indiabulls Liquid Fund (G), Indiabulls Liquid Fund -Direct (G) are the top funds in this category.
Ultra-short Term Fund: IndiaBulls ultra-short schemes are best suited for those who want to take advantage of the Macaulay duration of the portfolio of 3 months to 6 months duration. The funds invest primarily in money markets and debt securities. Indiabulls Ultra Short Term (G) and Indiabulls Ultra Short Term (G) (DP) are the plans in this category.
Short Term Fund: IndiaBulls short-term funds are moderate risk debt funds that seek to invest money in a portfolio that has a Macaulay duration of 1 year to 3 years. The debt fund invests in debt & money market instruments which offer low to moderate risks.
Income Fund: Investors investing in IndiaBulls income funds would avail of two advantages - regular income and/or capital appreciation over medium to long term. This carries moderate risk and the portfolio comprises of instruments like fixed income securities.
Gilt Fund: IndiaBulls gilt fund’s portfolio comprises primarily in sovereign government securities like Treasury Bills issued by both – State and Central government. Investors interested in medium to long term capital appreciation can invest in this type of debt fund.
Savings Income Fund: IndiaBulls MF savings income fund is a moderate risk debt fund. It is good for those who want to invest mainly in debt securities to generate regular returns and investment of a portion of the Scheme's assets in equity securities to generate long-term capital appreciation.
Blue Chip Fund: This open end equity fund from Indiabulls is suited to those who are willing to go for a higher risk profile. The portfolio is made up of stocks of large cap companies that trade on the stock exchanges and is aimed towards capital appreciation.
Arbitrage Fund: This type of equity MF offered by IndiaBulls MF predominantly invests 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.
Value Discovery Fund: Value discovery fund by IndiaBulls MF deals in stocks that are marked as top 100 in terms of market cap and depicts relative value (i.e. it has a combination of higher RoCE and higher earnings yield.). The AMC invests in such schemes in order to get accelerated returns on investment and wealth generation.
Tax Savings Fund: This is an ELSS scheme by IndiaBulls MF that seeks to provide investors with double benefits. You can get capital appreciation with stock trading as well as be able to save tax on your personal income when you invest in it. It carries a moderate to high risk profile.
Fund Managers at IndiaBulls Mutual Fund
Mr. Raghav Iyengar - Associate Director & CEO:Mr. Raghav Iyengar has more than 20+ years in Mutual Fund Industry. He has been involved in a wide range of roles including retail penetration to implementing strategy for new products and markets for various Asset Managers in India. His exposure to the capital markets during the early stages of his career helped him understand the retail markets in a better way. Raghav is an Associate Chartered Accountant with the graduation in Cost & Management Accountancy.
Mr. Malay Shah - Head - Fixed Income:Mr. Malay Shah has around 14 years of experience in the field of finance. He has exposure to Debt – Dealing and Fund Management and has expertise in managing all the debt schemes namelyLiquid, Ultra Short Term, Short Term, Income Plan, Child Plan, Dynamic Bond and FMPs. He is a Commerce graduate and has done his MMS in Finance from NMIMS.
Mr. Sumit Bhatnagar - Head - Equities:Mr. Sumit Bhatnagar has over 14 years of experience in Banking & Capital Markets. At Indiabulls Mutual Fund, Sumit played a pivotal role in setting up the AMC systems & processes and in framing business strategy, designing business plan and products for the AMC. He is extensively research oriented and follows a Top Down approach for Large Caps and Bottom Up approach for Mid / Small Cap. He is well versed with Indian and Global Macros. He holds an MBA (Investment Management) from the University of Toronto, Canada and is also a CFA (USA).