About Indiabulls Savings Income Fund Direct-Dividend Monthly Reinvestment
Indiabulls Savings Income Fund Direct-Dividend Monthly Reinvestment is a Balanced
mutual fund scheme from Indiabulls Mutual Fund
. This scheme was launched on 02 Dec 2015 and is currently managed by its fund managers Malay Shah
, Vikrant Mehta
and Veekesh Gandhi
. It has an AUM of ₹19.17 Crores and the latest NAV decalared is ₹12.151 as on 20 Nov 2019 at 8:40 pm.
Indiabulls Savings Income Fund Direct-Dividend Monthly Reinvestment scheme return performance in last 1 year is 9.38%, in last 3 years is 33.25% and 46.16% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Conservative Hybrid Funds invest between 75% and 90% of their total assets in debt securities and the remaining in equity and equity related instruments. Investors who have a moderately high risk appetite and who want equity exposure may consider these funds to earn higher returns than pure debt funds.