Indiabulls Mutual Fund Key Information
- Name of the Mutual Fund
- Indiabulls Mutual Fund
- Setup Date
- 40626
- Date of Incorporation
- 39548
- Sponsor Name
- Indiabulls Housing Finance Limited
- Trustee Name
- Indiabulls Trustee Company Ltd.
- Managing Director & Chief Executive Officer
- Mr. Amber Maheshwari
- Compliance Officer
- Mr. Uday Diwale
- Auditor
- M.P. Chitale & Co.
- Address
- 11th Floor, Tower-1, Indiabulls Finance Centre, S B Marg,Elphinstone (W), Mumbai -400013
- customercare@indiabullsamc.com
Indiabulls Mutual Fund Managers
Veekesh Gandhi - Equity - Co-fund manager
Mr. Veekesh Gandhi is an alumnus of the University of Hartford and has more than nineteen years of experience in the financial sector. He is currently deployed as Equity Co-fund manager at Indiabulls Mutual Funds. He co-manages valuable assets such as blue-chip fund, tax-saving fund, and arbitrage fund alongside Mr. Sumit Bhatnagar, the existing fund manager at Indiabulls Mutual Funds.
Mr. Gandhi’s career started as an Equity Research Analyst at Motilal Oswal Securities. Thereafter, he held a research analyst position in Merrill Lynch, and later became the vice president of the Equity Research Department for the same AMC. His tenure at Merrill Lynch lasted for 11 years and 5 months. In September 2018, Mr. Gandhi joined Indiabulls AMC and now handles assets of Rs. 243.92 crores.
Malay Shah - Fixed income - Head of Fixed Income
Mr. Malay Shah has been working with Indiabulls Mutual Funds since August 2014 as head of Fixed income. Mr. Shah possesses a B.Com and an MMS (Finance). His career began in 2002 in Parag Parikh Financial Advisory Services Ltd., where he was appointed as a dealer (Fixed Income). Then, he joined Derivium Capital & Securities Pvt. Ltd. for the same position and managed the assets for five years.
In 2009, he joined Peerless Mutual Fund as the head (Fixed Income) and worked there for another five years. In 2014, Mr. Shah joined Indiabulls Mutual Fund and handled various funds such as Indiabulls Ultra Short Term Fund, Indiabulls Gilt Fund, Indiabulls Liquid Fund, and managing assets of Rs. 83.17 crores.
Saurabh Sharma - Assistant Manager
Mr. Saurabh Sharma is a Bachelor of Commerce degree holder and a graduate from Sri Venkateswara College. He holds specialization in risk, securitization, and audit. His career began at D.R. Mehta & Associates in 2007, and he joined Indiabulls in 2011. As of now, he oversees liquid funds and working as acting Assistant Manager at Indiabulls Mutual Funds. He is handling assets of Rs. 3355.17 crore.
Karan Singh - Fixed income - Head of Fixed Income
Mr. Karan Singh graduated from DU (Delhi University) in 1996 with a Bachelor’s Degree in Economics. Since 2018, he has been working with Indiabulls Asset Management as Head of Fixed Income. His 15-year experience in the financial sector is a crucial factor in his management of assets worth Rs. 618 crores.
Ashok Brijmohan Kacker - Mutual Funds - Chairman
Mr. Ashok Kacker, Chairman of Indiabulls MF, possesses over 30 years of valuable experience in association with the Indian Government. Mr. Kacker completed his post-graduation from the University of Allahabad and was a topper of the MSc. Physics batch in 1972. He then worked as the Chief Commissioner of Income Tax and later as an Indian Revenue Service officer. Mr. Kacker also has experience working with SEBI as Executive Director.
How to Invest in Indiabulls Mutual Fund?
You can invest in any Indiabulls Mutual Fund or another mutual fund scheme via 5paisa App & Website. To do so, you will require an All-in-one account with 5paisa. If you do not have one, you can easily open an all-in-one account on the platform by following a few simple steps. View More
Top 10 Indiabulls Mutual Fund to Invest
- Fund Name
- Min SIP Investment Amt
- AUM (Cr.)
- 3Y Return
Indiabulls Dynamic Bond Fund is an Dynamic Bond scheme that was launched on 04-12-18 and is currently under the management of our experienced fund manager Karan Singh. With an impressive AUM of ₹5.32 Crores, this scheme's latest NAV is ₹1320.7993 as of 26-05-23.
Indiabulls Dynamic Bond Fund scheme has delivered a return performance of 6.4% in the last 1 year, 4.9% in the last 3 years, and an 6.4% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Dynamic Bond funds.
- Min SIP Investment Amt
- ₹500
- AUM (Cr.)
- ₹5.32
- 3Y Return
- 6.4%
Indiabulls Equity Hybrid Fund is an Aggressive Hybrid scheme that was launched on 13-12-18 and is currently under the management of our experienced fund manager Sumit Bhatnagar. With an impressive AUM of ₹33 Crores, this scheme's latest NAV is ₹16.7816 as of 26-05-23.
Indiabulls Equity Hybrid Fund scheme has delivered a return performance of 14.7% in the last 1 year, 22.3% in the last 3 years, and an 12.3% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Aggressive Hybrid funds.
- Min SIP Investment Amt
- ₹500
- AUM (Cr.)
- ₹33
- 3Y Return
- 14.7%
Indiabulls Value Fund is an Value scheme that was launched on 08-09-15 and is currently under the management of our experienced fund manager Sumit Bhatnagar. With an impressive AUM of ₹9.82 Crores, this scheme's latest NAV is ₹20.2397 as of 26-05-23.
Indiabulls Value Fund scheme has delivered a return performance of 12.7% in the last 1 year, 26.1% in the last 3 years, and an 9.6% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Value funds.
- Min SIP Investment Amt
- ₹500
- AUM (Cr.)
- ₹9.82
- 3Y Return
- 12.7%
Indiabulls Tax Savings Fund is an ELSS scheme that was launched on 28-12-17 and is currently under the management of our experienced fund manager Sumit Bhatnagar. With an impressive AUM of ₹37 Crores, this scheme's latest NAV is ₹15.14 as of 26-05-23.
Indiabulls Tax Savings Fund scheme has delivered a return performance of 13.8% in the last 1 year, 24.2% in the last 3 years, and an 8% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in ELSS funds.
- Min SIP Investment Amt
- ₹500
- AUM (Cr.)
- ₹37
- 3Y Return
- 13.8%
Indiabulls Short Term Fund is an Short Duration scheme that was launched on 13-09-13 and is currently under the management of our experienced fund manager Karan Singh. With an impressive AUM of ₹7.29 Crores, this scheme's latest NAV is ₹2033.5552 as of 26-05-23.
Indiabulls Short Term Fund scheme has delivered a return performance of 6.3% in the last 1 year, 4.7% in the last 3 years, and an 7.6% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Short Duration funds.
- Min SIP Investment Amt
- ₹500
- AUM (Cr.)
- ₹7.29
- 3Y Return
- 6.3%
Indiabulls Liquid Fund is an Liquid scheme that was launched on 01-01-13 and is currently under the management of our experienced fund manager Karan Singh. With an impressive AUM of ₹128 Crores, this scheme's latest NAV is ₹2204.8772 as of 28-05-23.
Indiabulls Liquid Fund scheme has delivered a return performance of 5.9% in the last 1 year, 4.1% in the last 3 years, and an 6.8% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Liquid funds.
- Min SIP Investment Amt
- ₹500
- AUM (Cr.)
- ₹128
- 3Y Return
- 5.9%
Indiabulls Arbitrage Fund is an Arbitrage scheme that was launched on 19-12-14 and is currently under the management of our experienced fund manager Sumit Bhatnagar. With an impressive AUM of ₹4.4 Crores, this scheme's latest NAV is ₹16.0343 as of 26-05-23.
Indiabulls Arbitrage Fund scheme has delivered a return performance of 4.6% in the last 1 year, 3.4% in the last 3 years, and an 5.8% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Arbitrage funds.
- Min SIP Investment Amt
- ₹500
- AUM (Cr.)
- ₹4.4
- 3Y Return
- 4.6%
Indiabulls Bluechip Fund is an Large Cap scheme that was launched on 02-01-13 and is currently under the management of our experienced fund manager Sumit Bhatnagar. With an impressive AUM of ₹94 Crores, this scheme's latest NAV is ₹35.27 as of 26-05-23.
Indiabulls Bluechip Fund scheme has delivered a return performance of 15.5% in the last 1 year, 24.4% in the last 3 years, and an 12.1% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Large Cap funds.
- Min SIP Investment Amt
- ₹500
- AUM (Cr.)
- ₹94
- 3Y Return
- 15.5%
Indiabulls Overnight Fund is an Overnight scheme that was launched on 08-07-19 and is currently under the management of our experienced fund manager Karan Singh. With an impressive AUM of ₹6.6 Crores, this scheme's latest NAV is ₹1169.3568 as of 28-05-23.
Indiabulls Overnight Fund scheme has delivered a return performance of 5.5% in the last 1 year, 3.9% in the last 3 years, and an 4.1% since its launch. With a minimum SIP investment of just ₹500, this scheme offers a great investment opportunity for those looking to invest in Overnight funds.
- Min SIP Investment Amt
- ₹500
- AUM (Cr.)
- ₹6.6
- 3Y Return
- 5.5%
Frequently Asked Questions
What Are the Different Types of Indiabulls Mutual Fund?
There are primarily two types of Indiabulls Mutual Funds, the Indiabulls Debt Mutual Funds and the Indiabulls Equity Mutual Funds. Under these, you’ll find several additional options. Such as, for the Indiabulls Equity Mutual Fund, you can find many options like Indiabulls Blue Chip Fund, Indiabulls Arbitrage Fund, Indiabulls Value Fund, Indiabulls Equity Hybrid Fund, Indiabulls NIFTY50 Exchange Traded Fund, and Indiabulls Tax Saving Fund.
What minimum amount is required to invest in Indiabulls Mutual Funds?
You can start investing in an Indiabulls mutual fund SIP from an amount as small as INR 500, while you can also invest in a lumpsum starting at INR 1000.
Why should I invest in Indiabulls mutual funds with 5Paisa?
With 5Paisa, you can easily invest in Indiabulls Mutual Fund and other investment options at the ZERO commission. Be it shares, mutual funds, or other investment options. You can do it all on the 5paisa platform and get benefits like professional management, SIP option, and flexibility to choose from a broader range of products.
Does investment in Indiabulls Mutual Funds offer any tax benefits?
Yes. Investing in Indiabulls Tax Saving Fund can help you get deductions and exemptions under Section 80C of the Income Tax Act, 1961. This is because this is an ELSS or equity-linked fund that invests in a diverse portfolio while allowing you to get up to INR 1.5 lakh tax deductions annually.
How can I stop my SIP in Indiabulls Mutual Fund online?
You can stop your monthly SIP at any time. To do so, go to the Indiabulls mutual fund on your 5paisa app, and select the SIP option. Here, click on the Cancel SIP button, and the SIP will be stopped from that month. Note that if the instalment date for the month has already lapsed, the SIP amount will already be deducted from your account.
Which is the Best Indiabulls Mutual Fund?
Indiabulls Mutual Funds offer a diverse range of products based on the investor’s risk appetite, investment horizon, and goal. For example, for investors looking for long-term investment options and who can handle some risk, Equity-linked options are a great option. Meanwhile, debt funds are the perfect option for investors who want a moderate to low-risk option that is ideal for the short term.
Can you increase the SIP amount for Indiabulls mutual fund?
Yes, you can quickly increase the SIP amount at any time. To do so, go to the SIP section and select the Indiabulls Mutual Fund SIP that you want to increase/revise the amount for. Once you have set the Indiabulls Mutual Fund SIP of your choice, choose the EDIT SIP option and update the amount, frequency, and instalment date per your preference.
Do I need a DEMAT account for investing in Indiabulls mutual funds?
You don’t necessarily have to open a DEMAT account to buy Indiabulls Mutual Funds or invest in any mutual funds. You can download the 5Paisa App and start investing in the mutual fund of your choice just by completing your KYC. The DEMAT is required only if you also want to invest in stocks, which can be quickly done on the 5Paisa platform.
How can I redeem my Indiabulls Mutual Fund investments using the 5paisa app?
You can redeem your Indiabulls Mutual Fund investment online or offline by visiting the nearest fund house and submitting the redemption form. For online investors, you can either log in to your Indiabulls Mutual Fund account or go to the 5paisa portal and redeem your investments.
What is the proper amount to start investing in an Indiabulls Mutual Fund?
Since each investor has diverse investment goals and risk appetite, there is no standard answer to this question. If you want to start investing in an Indiabulls Mutual Fund, you can start investing in a mutual fund from an amount as low as INR 500 every month. To help you calculate the right amount, choose your financial goal, investment horizon, and SIP amount you wish to invest in. Depending on the goal and the investment horizon, you can increase or decrease the amount as you progress.