Fund Performance
Lumpsum
SIP
7.34
as on 31 Mar 20213 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,368 today.
NAV Performance
Fund Information
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₹ 17.869
as on 31 Mar 2021 -
Regular - Growth
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-
-
₹ 500
-
₹ 16 Cr.
as on 30 Nov 2020 -
0.9%
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04 Mar 2013
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CRISIL 10 Year Gilt Index
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Indiabulls Mutual Fund
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Highlights of this fund
Indiabulls Income Fund is an Open-ended Debt Fund. The fund belongs to Medium Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 04 Mar 2013. This fund is offered by one of the top AMC (Assets Management Company) Indiabulls Mutual Fund. You can also view here all other Debt funds offered by Indiabulls Mutual Fund.
Latest NAV of the fund is ₹ 17.869 as on 31 Mar 2021.
This fund has 10 years of track record. Since 28 Feb 2021 expense ratio of this fund is 0.9%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
The primary investment objective of the Scheme is to generate a steady stream of income and medium to long term capital appreciation/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.
List of Fund Managers of Indiabulls Income Fund
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About Karan Singh
Mr. Singh is B.A (Honours) in Economics, PGDBF & CFA - Level 1 Prior to joining IndiaBulls Mutual Fund he has worked with Taurus Corporate Advisory Services Ltd., DIOS Capital, Invesco Asset Management Company Ltd., Fidelity Investments and ICRA Ltd.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.41% | 1.38% | 1.72% | 3.60% | 6.92% | 9.82% | 7.34% | 7.65% | 8.61% | 6.20% | 5.26% | 7.02% | 6.55% | 7.84% |
| Category Average | 0.21% | 0.80% | 1.38% | 2.94% | 3.57% | 4.82% | 5.47% | 4.87% | 7.00% | 5.38% | 4.22% | 4.56% | 4.79% | 6.55% |
| Indiabulls Income Fund | 0.08%₹ 10,007 | 0.24%₹ 10,023 | 0.57%₹ 10,057 | 2.99%₹ 10,299 | - | - | - | - | - | - | - | - | - | - |
| SBI Magnum Medium Duration Fund | 0.26%₹ 10,026 | 0.92%₹ 10,092 | 1.62%₹ 10,161 | 3.50%₹ 10,350 | 4.31%₹ 10,430 | 6.17%₹ 12,394 | 4.60%₹ 10,945 | 4.67%₹ 25,172 | 6.09%₹ 11,944 | 4.87%₹ 38,765 | 7.28%₹ 14,218 | 6.48%₹ 70,650 | 8.61%₹ 22,862 | 7.84%₹ 1,79,735 |
| HDFC Medium Term Debt Fund | 0.24%₹ 10,024 | 0.80%₹ 10,079 | 1.42%₹ 10,142 | 3.20%₹ 10,320 | 3.59%₹ 10,358 | 5.50%₹ 12,352 | 4.54%₹ 10,933 | 4.25%₹ 25,065 | 5.62%₹ 11,786 | 4.75%₹ 38,695 | 6.47%₹ 13,684 | 5.89%₹ 69,618 | 7.43%₹ 20,486 | 6.82%₹ 1,70,423 |
| ICICI Prudential Medium Term Bond Fund | 0.21%₹ 10,021 | 0.75%₹ 10,074 | 1.51%₹ 10,150 | 3.27%₹ 10,326 | 5.02%₹ 10,502 | 6.20%₹ 12,397 | 5.18%₹ 11,067 | 5.08%₹ 25,277 | 6.28%₹ 12,007 | 5.53%₹ 39,149 | 6.77%₹ 13,882 | 6.55%₹ 70,786 | 7.67%₹ 20,951 | 7.21%₹ 1,73,942 |
| IDFC Bond Fund - Medium Term Plan | 0.36%₹ 10,035 | 1.38%₹ 10,137 | 1.72%₹ 10,172 | 3.60%₹ 10,359 | 2.27%₹ 10,227 | 5.35%₹ 12,342 | 3.18%₹ 10,648 | 3.31%₹ 24,830 | 4.44%₹ 11,394 | 3.31%₹ 37,861 | 5.99%₹ 13,378 | 4.90%₹ 67,901 | 6.83%₹ 19,376 | 6.19%₹ 1,64,896 |
| Kotak Medium Term Fund | 0.25%₹ 10,024 | 0.84%₹ 10,083 | 0.93%₹ 10,093 | 2.45%₹ 10,244 | 3.02%₹ 10,302 | 4.26%₹ 12,273 | 4.49%₹ 10,921 | 3.80%₹ 24,952 | 5.24%₹ 11,659 | 4.46%₹ 38,523 | 5.56%₹ 13,111 | 5.23%₹ 68,480 | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of Indiabulls Income Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 61.15% | ₹ 10.01 Cr. |
| GOI | 24.02% | ₹ 3.93 Cr. |
| Others | 14.83% | - |
Top Debt Holdings of Indiabulls Income Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 24.02% | ₹ 3.93 Cr. |
| Bond - Reliance Industries Ltd. | 16.22% | ₹ 2.66 Cr. |
| Bond - Rural Electrification Corporation Limited | 15.99% | ₹ 2.62 Cr. |
| Bond - Power Finance Corporation Ltd. | 15.98% | ₹ 2.61 Cr. |
| Bond - National Highways Authority of India | 12.96% | ₹ 2.12 Cr. |
| Others | 14.83% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 11.00% |
| Net Receivables | 3.83% |