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 Vikrant Mehta
and Veekesh Gandhi
. It has an AUM of ₹17.06 Crores and the latest NAV decalared is ₹14.953 as on 17 Jan 2020 at 8:40 pm.
Indiabulls Savings Income Fund Direct - Growth scheme return performance in last 1 year is 8.04%, in last 3 years is 33.40% and 49.51% 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.