About Indiabulls Savings Income Fund Direct - Growth
Indiabulls Savings Income Fund Direct - Growth 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 Karan Singh
and Rajeev Desai
. It has an AUM of ₹20.23 Crores and the latest NAV decalared is ₹14.861 as on 15 Jul 2020 at 4:15 am.
Indiabulls Savings Income Fund Direct - Growth scheme return performance in last 1 year is 2.62%, in last 3 years is 28.00% and 48.59% 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.