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.
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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.
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.