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Select Scheme Name |
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| Mutual Fund |
Groww Mutual Fund |
| Scheme Name |
Indiabulls Income Fund |
| Objective of Scheme |
The primary investment objective of the Scheme is to generate a steady stream of income and medium to long term capital appreciation/gain through investment in fixed income securities such that the Macaulay duration of the portfolio is between 3 years – 4 years. Portfolio Macaulay duration under anticipated adverse situation is 1 year to 4 years. However, there can be no assurance that the investment objective of the Scheme will be achieved. |
| Scheme Type |
Open Ended |
| Scheme Category |
Debt Scheme - Medium Duration Fund |
| Launch Date |
12-Feb-2013 |
| Indicate Load Separately |
Entry Load- NA
Exit Load- 3% if redeemed/switched out within 3 year from the date of allotment;
• Nil, if redeemed/ switched out after 3 year from the date of allotment. |
| Minimum Subscription Amount |
5000 |
| Please Click here for Scheme Information Document |
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| For Further Details Please Access Website https://www.growwmf.in |