MF News Indiabulls plans to launch tax saver fund

Indiabulls plans to launch tax saver fund

Indiabulls AMC has filed an offer document with SEBI today to launch its open ended Indiabulls Tax Saver Fund

Team Cafemutual Dec 6, 2011

Mumbai: Indiabulls AMC has filed an offer document with SEBI today to launch its open ended Indiabulls Tax Saver Fund. The minimum application for both SIP and lump sum investment is Rs 500 and in multiples of Rs. 500.

The fund aims to investment in a diversified portfolio of equity and equity-related securities.

The fund will be benchmarked against CNX 200. It will be managed by Aviral Gupta as & Sumit Bhatnagar will be the associate fund manager.

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