Indiabulls Mutual Fund launched new fund offer Indiabulls Tax Savings Fund, a open ended fund. The NFO Opens for subscription on 21 Sep 2017  & closes on 20 Dec. 2017.  No entry load will be applicable for the scheme.


Key Scheme Feature 

Scheme NameIndiabulls Tax Savings Fund
Fund HouseIndiabulls Mutual Fund
TypeOpen Ended Equity Scheme
NFO Open Date21 Sep 2017
NFO Close Date20 Dec 2017
OptionsGrowth /Dividend
BenchMarkS&P BSE 500 Index
Term/DurationELSS 3 Year lock in
Fund managerSumit Bhatnagar & Malay Shah
Minimum SubscriptionRs. 500
LoadEntry Load - NIL , Exit Load - Not Applicable

Cheque Details            : “Indiabulls Tax Savings Fund”

Who can Invest

This product is suitable for investors:

  • Seeking long term capital appreciation
  • With risk appetite of investing in Equities
  • An ELSS scheme offering tax benefit under Section 80C o Income Tax Act
  • Investors willing to take exposure in equity and equity related securities.


 Investment Objective::

  • capital appreciation over medium to long term
  • investment in a diversified portfolio consisting of equity and equity related instrument across market capitalization

 Portfolio Construct

  • Which are strong or have strong “Brands”.
  • Have robust business models
  • Strong Management with a track record of managing well in complete business cycle
  • Fund shall invest across market capitalization and sectors
  • Portfolio construction shall be predominantly growth oriented, stock selection to be based on bottom up analysis

Investment Process

  • Step  1   – Brand company is or has strong brands?
  • Step  2   – In depth fundamental analysis – Growth prospects, earnings, Valuation etc.
  • Step  3   – Qualitative Analysi – Management, corporate governance, business strategy
  • Step  4   – Management meeting and Industry channels checks
  • Step  5   – Investment committee approval
  • Step  6   – Portfolio Allocation – Investment restrictions, position sizing, exposure, risk control
  • Step  7   – Monitoring and Review


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