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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
For Further Details Please Access Website https://www.growwmf.in
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