Indiabulls Tax Savings Fund- Direct Plan- Growth Option

Indiabulls Tax Savings Fund- Direct Plan- Growth Option of Indiabulls Mutual Fund has asset class type as ELSS. Oro Wealth rating for the fund is 2.

Basic Details

Riskometer

Moderately High

Expense Ratio (%)

1.94

Age

NA Years

Fund Manager

Sumit Bhatnagar

AuM (Rs Crores)

70.8627

Asset Class

ELSS

Net Asset Value:

9.18

Rating

2

Benchmark

S&P BSE 500 TRI

Fund Type

ELSS

SEBI Category

ELSS

Turnover Ratio(Monthly)

.69 Times

Fund Manager Details:

Sumit Bhatnagar MBA (Investment Management) from the University of Toronto, Canada and is also a CFA (USA). He has over 14 Years of experience in Banking & Capital Markets. He worked with SEBI for five years in Investment Management Department, handing critical policy matters pertaining to mutual funds and contributed extensively in various high powered committees of SEBI.

Objective:

The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. The scheme shall offer tax benefits under Section 8C of the Income Tax Act. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assur or guarantee any returns.

Top Holdings:

  • Banks (2.43)
  • Automobile (12.11)
  • Refineries (7.32)
  • Plantation & Plantation Products (5.13)
  • Infrastructure Developers & Operators (4.62)
  • IT - Software (4.54)
  • FMCG (4.36)
  • Cement (3.94)
  • Capital Goods-Non Electrical Equipment (3.26)
  • Diversified (3.13)


  • Top 5 Sector Allocations of the Fund
    Top 5 Company Allocations of the Fund
    Debt Composition