MUTUAL FUNDS
Indiabulls Mutual Fund introduces Dynamic Bond Fund
Nov-16-2018

Indiabulls Mutual Fund launched the Indiabulls Dynamic Bond Fund, an open ended debt scheme. The NFO opens for subscription on November 16, 2018 and closes on November 30, 2018. Entry load will be nil and exit load will be 3% for redemption/Switch on or before 12 months of subscription, 2% for redemption/Switch on or before 24 months of subscription, 1% for redemption/Switch on or before 36 months of subscription and nil for post completion of 36 months. The minimum subscription amount is Rs 500 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to generate reasonable returns commensurate with the risk taken by active duration management of the portfolio. The Scheme would be investing in debt instruments including but not limited to bonds, debentures, government securities and money market instruments over various maturity periods.

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