Indiabulls Tax Savings Direct Dividend Sweep
Indiabulls Tax Savings Direct Dividend Sweep

Indiabulls Tax Savings Direct Dividend Sweep

Equity
Direct
Elss (Tax Savings)

NAV: ₹ 14.3 as on 04-10-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
-1.2%
9.2%
-0.9%
-0.8%
14%
Benchmark
-2.3%
9.8%
-2.4%
-1.1%
18.1%
Category
-0.9%
11%
-1.3%
-0.7%
18%
About the Fund

Indiabulls Tax Savings Direct Dividend Sweep is an equity fund. This fund was started on  28 December, 2017. The fund is managed by Karan Singh, Sumit Bhatnagar. The fund could potentially beat inflation in the long-run.

Key parameters

1) Indiabulls Tax Savings Direct Dividend Sweep has a NAV of 14.28 as on 04-10-2022.

2) Indiabulls Tax Savings Direct Dividend Sweep has 42 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 0.5 %.

Fund Overview

Expense ratio
Expense ratio
0.5%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹42 Cr
Inception Date
Inception Date
28 December, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
44.95%

Fund Distribution

  • Equity 95%
  • Debt & Cash 5%
Size breakup
Large cap
86.5%
Mid cap
6.5%
Small cap
2.1%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

37.2%

Tech

13.3%

Industrial

11.6%

Consumer Cyclical

11.3%

Energy

9.4%

Consumer Defensive

6%

Communication

4%

Basic Materials

3.8%

Health

2.6%

Utilities

0.9%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings35
Equity Holdings34
Debt Holdings1

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 0.5 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 41.7 Cr
Jul'22
₹ 42.2 Cr
Jun'22
₹ 39.5 Cr

Fund Returns vs Benchmark

Aug'22
9.34%
9.49%
Jul'22
9.34%
9.49%
Jun'22
-4.92%
-4.94%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
36
37
39
Top 5 Company Concentration
33.4%
32.9%
31.5%
Company having highest exposure
ICICI Bank Ltd (8.3%)
ICICI Bank Ltd (8.1%)
ICICI Bank Ltd (7.4%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
79.4%
78.5%
78%
Sector having highest exposure
Financial Services (36%)
Financial Services (35.6%)
Financial Services (35.2%)

Fund Manager

Karan Singh

Karan Singh

Managing this fund since 29 May 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Indiabulls Liquid Fund Direct Plan Growth Unclaimed Dividend < 3 Yrs
0%
3.15%
Indiabulls Liquid Fund Direct Plan Growth Option
3.9%
3.15%
Indiabulls Liquid Fund Direct Plan Growth Unclaimed Dividend > 3 Yrs
0%
3.15%
Sumit Bhatnagar

Sumit Bhatnagar

Managing this fund since 5 May 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Indiabulls Tax Savings Direct Growth
14.02%
18.04%
Indiabulls Blue Chip Fund Direct Plan Growth Option
13.16%
16.26%
Indiabulls Equity Hybrid Fund Direct Growth
13.81%
15.35%

AMC details

Address
Indiabulls Asset Management Company Ltd.,11th Floor,Tower-1, Indiabulls Finance Centre,,Elphinstone Mills Compound, Senapati Bapat Marg,,Elphinstone (West)
Phone
+912261891327
Fund House
Indiabulls Asset Management Company Ltd.

Fund Highlights

meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.76% since inception which is less than its category average return of 13.74%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.05% in Equity, 0% in Debt and 4.95% in Cash related instruments
AUM size ₹42 Cr

AUM size ₹42 Cr

This fund has AUM of ₹42 Cr which is less than its category average of ₹ 2720 Cr
Expense Ratio 0.5%

Expense Ratio 0.5%

This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.58%

Frequently Asked Questions

The current NAV of Indiabulls Tax Savings Direct Dividend Sweep is 14.
Existing (Absolute + CAGR)
Indiabulls Tax Savings Direct Dividend Sweep
Absolute Returns
CAGR Returns
1 Month Returns
-3.18%
-3.18%
6 Month Returns
-1.27%
-1.27%
1 Year Returns
-1.75%
-1.75%
3 Years Returns
43.44%
12.78%
5 Years Returns
0%
0%
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0.5 as on September 2022
42 Cr as on September 2022
ICICI Bank Ltd(8.31%),Reliance Industries Ltd(7.25%),HDFC Bank Ltd(7.13%),Larsen &amp; Toubro Ltd(5.65%),Infosys Ltd(5.02%) as on September 2022
Financial Services(36.02%),Tech(13.07%),Consumer Cyclical(10.82%) as on September 2022
The alpha ratio for the Indiabulls Tax Savings Direct Dividend Sweep for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Indiabulls Tax Savings Direct Dividend Sweep
-
-
-
As on month end.
The alpha for Indiabulls Tax Savings Direct Dividend Sweep is calculated against S&amp;P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Indiabulls Tax Savings Direct Dividend Sweep for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Indiabulls Tax Savings Direct Dividend Sweep
-
-
-
As on month end.
The Beta for Indiabulls Tax Savings Direct Dividend Sweep is calculated with S&amp;P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Indiabulls Tax Savings Direct Dividend Sweep for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Indiabulls Tax Savings Direct Dividend Sweep
-
-
-
As on month end.
The sharpe ratio for Indiabulls Tax Savings Direct Dividend Sweep is calculated with S&amp;P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Indiabulls Tax Savings Direct Dividend Sweep for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Indiabulls Tax Savings Direct Dividend Sweep
14.1
20.12
-
As on month end.
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Karan Singh,Sumit Bhatnagar are the fund managers of Indiabulls Tax Savings Direct Dividend Sweep
The Exit load of Indiabulls Tax Savings Direct Dividend Sweep is 0%