fund factsheet june 2017 - indiabulls amc · investment performance of mutual funds, among other...

FUND FACTSHEETJune 2017

MUTUAL FUND

3rd Consecutive Quarter of

` 10000+ Crs. AAUM

1

Fund Manager : An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Application Amount for Fresh Subscription : This is the minimum investment amount for a new investor in a mutual fund scheme.

Minimum Additional Amount : This is the minimum investment amount for an existing investor in a mutual fund scheme.

Yield to Maturity : The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.

SIP : SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests ̀ 500 every 15th of the month in an equity fund for a period of three years.

NAV : The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.

Benchmark : A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec.

Entry Load : A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/ agent. Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is ̀ 100 and the entry load is 1%, the investor will enter the fund at ̀ 101.

Exit Load : Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ̀ 100 and the exit load is 1%, the redemption price would be ̀ 99 Per Unit.

Modified Duration : Modified duration is the price sensitivity and the percentage change in price for a unit change in yield

Standard Deviation : Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

Sharpe Ratio : The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk.

Beta : Beta is a measure of an investment’s volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.

AUM : AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Holdings : The holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.

Nature of Scheme : The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.

Rating Profile : Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.

June 2017

How to read the Factsheet?MUTUAL FUND

2

Inflation & Macros

Retail inflation as measured by CPI (consumer price index) for May 2017 declined by 81 bps as compared to April 2017, led by falling food & fuel prices. May CPI came in at 2.18% as compared to 2.99% in April 2017. Core CPI inflation (adjusted for food and fuel, but correctly including petrol and diesel) eased further to 3.9% from 4.1% last month. WPI (Wholesale Price Index) under the new series with 2011-12 as base year, dropped sharply to 2.17% as compared to April number of 3.85%. Revised IIP series with 2011-12 as base was released and came in at 3.10% as compared to 2.7% for April 2017. India's fiscal deficit touched 3.73 trillion rupees ($57.69 billion) during April-May period or 68.3 percent of the budgeted target for the current fiscal year that ends in March. The fiscal deficit was 42.9 percent of the full-year target during the same period a year ago. FOMC raised rates by 0.25% to 1.25% and is giving indications of trimming its balance sheet albeit gradually.

RBI Monetary Policy

In the latest policy, as expected, there were no rate changes. RBI preferred to wait out to see the effects of fiscal slippages and core cpi inflation cooling. It however acknowledged that the upside risk to inflation no longer persists and hence lowered its trajectory of inflation to 2.0 to 3.5 in first half and 3.5 to 4.5 in second half. It chooses to remain stay put on rate cuts but suggested that more benign data on CPI headline could open room for further rate cuts.

Liquidity and Rates

Excess liquidity in the system led to banks parking nearly Rs. 3.2 lakh crores on an average with RBI for the month of June. This surplus liquidity was evident in May as numbers were almost the same. Money markets however were range bound due to issuance of CMBs for liquidity tightening and to maintain overnight rates at policy rates. However dated curve saw quite a bit of rally post CPI numbers. New 10 year saw a rally of 20 bps by moving from 6.68 to 6.48 at the end of month. Forecast of good monsoon, lower inflation estimates, good FPI flows in markets led to a bullish momentum. Aiding the rally was an outlier expectation of rate cut in the upcoming policy and markets saw a good momentum.

Outlook

Macro economic factors are not pointing to strong growth going ahead, and market is expecting inflation to undershoot RBI’s inflation targets. Going ahead there is a stronger case for rate cut in august policy due to near normal monsoon, lower core and headline CPI and tepid growth. Basis all this duration products will be attractive. On a ongoing basis, liquidity looks to be comfortable, with system being flush with funds. This will keep the short end of the curve constantly bought and hence offers a sweet spot. For new investors short term fund offers a wonderful vehicle to earn high constant accrual. Benefit in terms of constant high accrual and effective vehicle as compared to bank fixed deposit (in light of lower and lower rates of FDs in banks) make short term fund a very attractive fund. Liquid and ultra short term fund, as always will be vehicles for smart utilisation of temporary surpluses.

30th June Month Opening Intra Month High Intra Month Low Month Closing

Overnight Rate (NSE MIBOR)

10 year Gsec

3 month CDs

6M CDs

12 month CDs

Currency

10 Year US Treasury

6.25 6.30 6.17 6.25

6.62 6.65 6.43 6.51

6.38 6.38 6.30 6.30

6.58 6.58 6.50 6.50

6.80 6.80 6.65 6.65

64.47 64.63 64.21 64.58

6.21 2.31 2.14 2.31

Debt Market Commentary

June 2017MUTUAL FUND

Malay ShahHead – Fixed Income

3

Key Domestic News

As the country gets ready to roll out the Goods and Services Tax (GST) from July 1, there are apprehensions about the preparedness and its smooth roll out. For a landmark change like GST, some teething pains are always expected. We believe that implementation should smoothen out in next few quarters if not months.

India has recorded 6% above-normal rainfall in the country since June 1, according to IMD data. Monsoon is expected to cover the entire country by July 15. IMD has forecasted a normal monsoon this year with all five regions expected to get normal rains.

The government is working on a proposal to merge the Directorate General of Foreign Trade (DGFT) with Central Board for Excise and Customs (CBEC) to promote ease of doing business for exports and imports.

The government is finally considering disinvestment in Air India and is looking at all options including 100% disinvestment, even as it is almost certain to take over a large part of the debt burden to make the airline more attractive to buyers.

Key Domestic Economic Data

á India’s manufacturing PMI declined to 50.9 in June from 51.6 in May, primarily due to slow down in production and inventory de-stocking ahead of GST implementation, which we believe is transitory. Encouragingly, despite weak June PMI reading, the average manufacturing PMI improved to 51.7 in Q2 from 51.2 in Q1 2017, indicating that slowdown due to demonetization is getting over.

CPI inflation fell sharply to 2.2% y-o-y in May from 3.0% in April month and 5.8% last year due to muted food inflation. Current inflation trajectory opens up space for a rate cut by RBI.

IIP growth came in at 3.1% y-o-y in April, above consensus expectations of 2.7% growth, from 3.8% in March and 6.5% a year ago. Overall, IIP data was ahead of expectation despite the unfavorable base effect.

Core sectors output grew 3.6% in May, higher than the 2.8% growth recorded in April, led by growth in refinery products and electricity output.

Key Global Events

á As expected the US Federal Reserve increased the Fed Funds rate by 25 basis points to 1%-1.25%. Also, the US Fed expects to begin shrinking its balance sheet at some point this year. While the expectation is that the balance sheet is cut "appreciably" below the current level, it will remain above pre-crisis levels.

The ECB left its benchmark interest rates unchanged. Refraining guidance regarding further rate cuts the bank said it expects rates to remain at present levels for an extended period of time, indicating the slightly hawkish intent. Later, in a slightly hawkish speech, the ECB President Mario Draghi stated that “the central bank could potentially adjust its policy in response to improving economic conditions”.

According to media reports, President Trump is considering possible trade actions against Beijing over its inaction on North Korea and bilateral trade issues, including imposing tariffs on Chinese imports and placing restrictions on certain Chinese companies.

Outlook

á A reform as huge as GST would certainly have some teething troubles. However, we believe that any disruption would be for a short duration and is certainly bearable considering the long term benefits it accrues to government, corporates and consumers.

Monsoon has been above average and reasonably well distributed so far. This is hugely positive for rural economy and food inflation.

High frequency economic data are suggesting that economy is slowly coming out of drag due to demonetization. We expect strong economic recovery from H2FY18 onwards as economy recovers from disruption due to implementation of GST.

Indian equities continue to be an attractive asset class. SIPs should be the preferred mode.

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Equity Market Commentary


Sumit Bhatnagar, CFAHead - Equity

Latest NAV Per Unit

Portfolio (Top 10 Holdings)INVESTMENT OBJECTIVETo provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of upto 91 days. However, there can be no assurance that the investment objective of the scheme will be achieved.

FUND MANAGERMr. Malay ShahTotal Work Experience: 15 years

LOAD INFORMATIONEntry Load : Not ApplicableExit Load : Nil

BENCHMARKCRISIL Liquid Fund Index

EXPENSE RATIORegular 0.12% Direct 0.04%

DATE OF ALLOTMENT25 October 2011

AVG. AUM MONTHLY

LATEST AUM (as on month-end)Direct PlanScheme Options

Growth Option

Daily Dividend Option

Weekly Dividend Option

Monthly Dividend Option

` 1615.2284

` 1001.06

` 1001.0795

1034.7727`

Regular Plan

`

` 1001.1451

` 1002.1427

`

1608.2718

1006.0481

4

June 2017

Indiabulls Liquid Fund(An Open-Ended Liquid Scheme)

FUND STYLECredit Quality

Interest R

ate

Sensitivity

High Mid Low

High

Mid

Low

LOW HIGH

yletaredo

M

woL

derao teM Moderately

High

Highw

oL

Riskometer

Investors understand that their principal will be at low risk*Investors should consult their financial advisers if in doubt

about whether the product is suitable for them.

Treasury Bills Treasury Bills SOV 21.36%HDFC Bank Ltd Certificate of Deposit A1+ 9.63%LIC Housing Finance Ltd Commercial Papers A1+ 9.17%National Bank for Agriculture Commercial Papers A1+ 7.89%

Small Industries Development Commercial Papers A1+ 6.89%

Axis Bank Limited Certificate of Deposit A1+ 6.25%Edelweiss Commodities Commercial Papers A1+ 3.69%

IL&FS Ltd Commercial Papers A1+ 3.68%

ICICI Bank Ltd Certificate of Deposit A1+ 3.66%

Reliance Jio Infocomm Ltd Commercial Papers A1+ 3.21%

Total of Top Ten Holdings 75.43%

Total Holdings 103.53%Cash & Cash Equivalents -3.53%

Grand Total 100.00%

and Rural Development

Bank of India

Services Ltd

Name of Instrument Category Rating % of Assets

THIS PRODUCT IS SUITABLE FORINVESTORS WHO ARE SEEKING*

Maturity and YieldAverage MaturityModified DurationGross YTM

51.10 Days48.90 Days

6.49%

Ÿ High level of liquidity with commensurate returns over short term.

Ÿ Through investment in money market & debt securities with maturity of upto 91 days.

Ÿ Low Risk

RATING PROFILE

Note : CBLO/Reverse Repo/Net Current Assets of -3.53%

A1+/SOV/FD 102.60%

AAA 0.93%

MUTUAL FUND

` 5406.91 Crore

` 7490.48 Crore

Portfolio (Top 10 holdings)INVESTMENT OBJECTIVETo provide liquidity with return commensurate with low risk through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the scheme will be achieved.


AVG. AUM MONTHLY

LATEST AUM (as on -end)month


Average MaturityModified DurationGross YTM

299.30 Days261.00 Days

7.40%

Ÿ

Ÿ

Ÿ

Liquidity with commensurate returns over short term.Through investment in money market and debt securities.Moderately Low Risk

RATING PROFILE

Note : CBLO/Reverse Repo/Net Current Assets of 12.61%

LOW HIGH

yletaredo

M

woL


High

Highw

oL

Riskometer

Investors understand that their principal will be at moderately low risk

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

5

Indiabulls Ultra Short Term Fund(An Open-Ended Debt Scheme)


Interest R

ate

Sensitivity

High Mid Low

High

Mid

Low

DATE OF ALLOTMENT6 January 2012

A1+

AAA

AA+

36.57%

48.18%

2.64%

HDFC Ltd Fixed rates bonds - AAA 18.04%

Shapoorji Pallonji & Commercial Papers A1+ 15.04%

LIC Housing Finance Ltd Fixed rates bonds - AAA 9.80%

Murugappa Holdings Ltd Commercial Papers A1+ 9.13%Dalmia Bharat Sugar Commercial Papers A1+ 7.75%

Dewan Housing Finance Fixed rates bonds - AAA 4.87%

Power Finance Corporation Ltd Fixed rates bonds - AAA 4.24%

Bajaj Finance Limited Fixed rates bonds - AAA 2.65%

Indian Railway Finance Fixed rates bonds - AAA 2.64%

HDFC Bank Ltd Certificate of Deposit A1+ 2.60%Total of Top Ten Holdings 76.76%Total Holdings 87.39%Cash & Cash Equivalents 12.61%Grand Total 100.00%

Corporate

Company Pvt Ltd.

Corporate

Industries Ltd

Corp. Ltd Corporate

Corporate

Corporate

Corporation Ltd Corporate




Latest NAV Per UnitDirect PlanScheme Options

Growth OptionDaily Dividend OptionWeekly Dividend OptionFortnightly Dividend OptionMonthly Dividend Option

Regular Plan

Maturity and Yield

` 1641.4043` 1004.3509` 1002.2653` 1001.7322` 1001.6864

` 1605.6733` 1003.5210` 1002.9796

-` 1001.6901



` 950.56 Crore

` 1600.97 Crore

FUND STYLE

INVESTMENT OBJECTIVEThe Scheme will endeavor to generate stable returns over short term with a low risk strategy while maintaining liquidity through a portfolio comprising debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.



BENCHMARKCRISIL Short-Term Bond Fund Index


DATE OF ALLOTMENT13 September 2013

AVG. AUM MONTHLY` 803.36 Crore

LATEST AUM (as on -end)month` 436.77 Crore

Credit Quality

Interest R

ate

Sensitivity

High Mid Low

High

Mid

Low



2.06 Years1.73 Years

9.24%

Ÿ

Ÿ

Ÿ

Stable returns over short term while maintaining liquidity.Through investment in debt and money market instruments.Moderate Risk

RATING PROFILE

Note : CBLO/Reverse Repo/Net Current Assets of -0.95%

6

Indiabulls Short Term Fund(An Open-Ended Debt Scheme)

LOW HIGH

yletaredo

M

woL


High

Highw

oL

Riskometer

Investors understand that their principal will be at moderate risk*Investors should consult their financial advisers if in doubt


Portfolio (Top 10 holdings)

A1+ 10.90%

AAA

7.71%

AA+

6.55%

AA

22.47%AA-

3.93%10.89%

A

33.04%

A-5.46%A1

Indiabulls Real Estate Ltd Fixed rates bonds - AA- 17.17%

Shapoorji Pallonji & Commercial Papers A1+ 10.90%

Tanglin Developments Ltd Fixed rates bonds - A-(SO) 7.71%

LIC Housing Finance Ltd Fixed rates bonds - AAA 6.85%


Reliance Big Entertainment Fixed rates bonds - AA+(SO) 5.77%

HCL Infosystems Ltd Commercial Papers A1 5.46%Forbes Technosys Ltd Fixed rates bonds - AA-(SO) 5.30%

Reliance Broadcast Network Fixed rates bonds - AA+(SO) 5.12%

Janalakshmi Financial Fixed rates bonds - A 4.48%

Total of Top Ten Holdings 74.90%Total Holdings 100.95%Cash & Cash Equivalents -0.95%Grand Total 100.00%

Corporate

Company Pvt Ltd.

Corporate

Corporate

Corporate

Private Ltd Corporate

Corporate

Ltd Mumbai Corporate

Services Ltd Corporate


Growth OptionWeekly Dividend OptionFortnightly Dividend OptionMonthly Dividend Option

` 1440.9245` 1005.1823` 1005.0208` 1010.2151

Regular Plan

` 1376.0544` 1009.2269

-` 1012.4200

Maturity and Yield



INVESTMENT OBJECTIVETo generate a steady stream of income and/ or medium to long term capital appreciation/ gain through investment in fixed income securities. However, there can be no assurance that the investment objective of the scheme will be achieved.

FUND MANAGERMr. Malay Shah Total Work Experience: 15 yearsMr. Kunal M. Jain (Co-Fund Manager)Total Work Experience: 8 years

BENCHMARKCRISIL Composite Bond Fund Index


DATE OF ALLOTMENT4 March 2013





7.44%

THIS PRODUCT IS SUITABLE FORINVESTORS WHO ARE SEEKING*Ÿ

Ÿ

Ÿ

Regular income and/or capi ta l appreciation over medium to long term.Through investment in fixed income securities.Moderate Risk

RATING PROFILE


7

Indiabulls Income Fund(An Open-Ended Debt Scheme)

LOW HIGH

yletaredo

M

woL


High

Highw

oL

Riskometer




Interest R

ate

Sensitivity

High Mid Low

High

Mid

Low

Portfolio (Top holdings)

SOV 0.05%

AAA 96.05%

Dewan Housing Finance Fixed rates bonds - AAA 10.60%

Indian Railway Finance Fixed rates bonds - AAA 9.68%


North Karnataka Expressway Fixed rates bonds - AAA 7.69%

HDFC Ltd Fixed rates bonds - AAA 7.35%

ONGC Mangalore Fixed rates bonds - AAA 7.25%

National Bank for Agriculture Fixed rates bonds - AAA 7.23%

National Highways Fixed rates bonds - AAA 7.23%

M & M Financial Services Ltd. Fixed rates bonds - AAA 7.15%

Small Industries Development Fixed rates bonds - AAA 7.15%

Total of Top Ten Holdings 79.73%Total Holdings 97.26%Cash & Cash Equivalents 2.74%Grand Total 100.00%

Corp.Ltd Corporate

Corporation Ltd Corporate

Corporate

Corporate

Corporate

Petrochemicals Ltd Corporate

and Rural Development Corporate

Authority Of India Corporate

Corporate

Bank of India Corporate


Growth OptionMonthly Dividend OptionQuarterly Dividend OptionHalf Yearly Dividend Option

` 14.1674` 10.4348` 12.1520` 12.1235

Regular Plan

` 13.5548` 10.3158` 12.2126` 11.8625

Maturity and Yield




A 1.16%

FUND STYLE

INVESTMENT OBJECTIVEThe scheme seeks to generate income andcapital appreciation by investing predominantly in sovereign securities issued by Central Government (including Treasury Bills) and/or by State Government, without any restriction on the maturity of the portfolio. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns.

FUND MANAGERMr. Malay ShahTotal Work Experience: 15 yearsMr. Kunal M. Jain (Co-Fund Manager)Total Work Experience: 8 years

BENCHMARKI-Sec Composite Index


DATE OF ALLOTMENT10 January 2013



Credit Quality

Interest R

ate

Sensitivity

High Mid Low

High

Mid

Low




6.89%Ÿ

Ÿ

Ÿ

Income and capital appreciation over medium to long term.Through investment in sovereign securities issued by Central Government (including Treasury Bills) and/ or by State Government, without any restriction on the maturity of the portfolio.Moderate Risk

RATING PROFILE

Note : CBLO/Reverse Repo/Net Current Assets of 11.60%SOV

88.40%

8

Indiabulls Gilt Fund(An Open-Ended Gilt Scheme)

LOW HIGH

yletaredo

M

woL


High

Highw

oL

Riskometer




Portfolio (Top holdings)

7.61% GOI 09-May-2030 Fixed rates bonds - SOV 42.28%

7.88% GOI 19-Mar-2030 Fixed rates bonds - SOV 21.37%

7.73% GOI 19-Dec-2034 Fixed rates bonds - SOV 21.36%

6.97% GOI - 06-Sep-2026 Fixed rates bonds - SOV 3.39%

Total Holdings 88.40%

Cash & Cash Equivalents 11.60%

Grand Total 100.00%

Government

Government

Government

Government


Growth OptionWeekly Dividend OptionFortnightly Dividend OptionMonthly Dividend Option

` 1589.58901002.8988

` 1013.8722` 1017.1872

`

Regular Plan

` 1520.6275` 1040.4856` 1036.8612` 1040.3288

Maturity and Yield



9

RATING PROFILE


A-

9.71%

A 27.28%

Indiabulls Monthly Income Plan(An Open-ended Debt Scheme) (Monthly Income is not assured andis subject to availability of distributable surplus)

Maturity and Yield



8.17%

Quantitative/Volatility Measures

Standard DeviationBetaSharpe RatioPortfolio Turnover

1.16730.96020.0921

N.A

THIS PRODUCT IS SUITABLE FORINVESTORS WHO ARE SEEKING*Ÿ Capital appreciation and provide regular

income over a long period of time.Ÿ Investment primarily in debt securities to

generate regular returns and investment ofa portion of the Scheme's assets in equitysecurities to generate long-term capitalappreciation.

Ÿ Moderate Risk

INVESTMENT OBJECTIVE

FUND MANAGER

AVG. AUM MONTHLY


LATEST NAV PER UNIT

DATE OF ALLOTMENT

The primary objective of the Scheme is to generate regular monthly returns through investment primarily in debt securities. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Scheme's assets in equity securities. Monthly Income is not assured and is subject to availability of distributable surplus. However, there can be no assurance that the investment objective of the scheme will be achieved.

Mr. Malay ShahTotal Work Experience: 15 yearsMr. Kunal M. Jain (Co-Fund Manager)Total Work Experience: 8 yearsMr. Sumit BhatnagarTotal Work Experience: 15 years

2 December 2015

` 20.74 Crore

` 20.72 Crore

Direct Plan

Regular Plan

Growth OptionDividend Option


` 11.4928` 11.4452

` 11.2432` 11.2433

June 2017

LOAD INFORMATION

BENCHMARK

EXPENSE RATIO

FUND STYLE

Entry Load : Not ApplicableExit Load : 1%, if redeemed/ switched out within 1 year from the date of allotment; Nil, if redeemed/ switched out after 1 year from the date of allotment.

CRISIL MIP Blended Index

Regular 2.00% Direct 0.65%

Investment Style

Capita

lisatio

n

Growth Blend Value

LargeSm

allM

edium

Sectoral Allocation

Portfolio

Name of Instrument % ofAssets

% ofAssets

Name of Instrument

NON - CONVERTIBLE DEBENTURES Forbes Technosys Ltd ICRA AA- 9.71%Tanglin Developments Ltd BWR A- 9.70%Fortis Healthcare Holdings Pvt Ltd ICRA A 5.05%Industrial Finance Corporation Ltd ICRA A 4.90%Janalakshmi Financial Services Ltd ICRA A 4.78%Janalakshmi Financial Services Ltd ICRA A 4.60%National Hydro-Electric Power Corp. ICRA AAA 9.62%Hero Wind Energy Ltd ICRA A 7.95%Sub-Total 56.31%

GOVERNMENT SECURITIES 6.79% GOI 26-Dec-2029 SOVEREIGN 24.15%Sub-Total 24.15%

EQUITY SHARES Yuken India Ltd Auto Ancillaries 1.18%Reliance Industries Ltd Petroleum Products 0.96%State Bank Of India Banks 0.87%Asian Paints Ltd Consumer 0.87%

Non DurablesGail (India) Ltd Gas 0.83%Larsen & Toubro Limited Construction Project 0.82%

Castrol India Ltd Petroleum Products 0.79%Arvind Ltd Textile Products 0.78%Capital First Ltd Finance 0.77%Dewan Housing Finance Corp. Ltd Finance 0.76%HDFC Bank Ltd Banks 0.74%Indusind Bank Ltd Banks 0.69%Indian Oil Corporation Ltd Petroleum Products 0.64%Gujarat State Fertilizers & Fertilisers 0.63%

Chemicals Ltd.Kirloskar Oil Engines Ltd Industrial Products 0.46%Eicher Motors Ltd. Auto 0.42%SML Isuzu Ltd Auto 0.35%Hindalco Industries Ltd Non - Ferrous Metals 0.29%Somany Ceramics Ltd Construction 0.27%Sub-Total 13.12%

COLLATERALIZED BORROWING AND LENDING CBLO 03/07/17- Mat - 030717 2.43%Sub-Total 2.43%Cash & Cash EquivalentsNet Receivable/Payable 3.99%Sub-Total 3.99%Grand Total 100.00%

Industry/Rating

Industry/Rating

LOW HIGH

yletaredo

M

woL


High

Highw

oL

Riskometer



MUTUAL FUND

AAA

9.70%

0.27% 0.29%

0.46% 0.63%

0.77% 0.78%

0.82% 0.83%

0.87%

1.18%

1.53%

2.30%

2.39%

0.00% 0.50% 1.00% 1.50% 2.00% 2.50% 3.00%

ConstructionNon - Ferrous Metals

Industrial ProductsFertilisers

AutoTextile Products

Construction ProjectGas

Consumer Non DurablesAuto Ancillaries

FinanceBanks

Petroleum Products

AA-

SOV

9.62%

24.15%

Indiabulls Blue Chip Fund(An Open-ended Equity Scheme)

INVESTMENT OBJECTIVETo provide long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related securities of blue-chip large-cap companies. However there can be no assurance that the investment objective of the scheme will be achieved.

FUND MANAGERMr. Sumit BhatnagarTotal Work Experience: 15 years

DATE OF ALLOTMENT10 February 2012


` 405.11 Crore


LOAD INFORMATIONEntry Load : Not ApplicableExit Load : 1%, if redeemed/ switched out within 1 year from the date of allotment; Nil, if redeemed/ switched out after 1 year from the date of allotment.

BENCHMARKNifty 50 Index



Ÿ

Ÿ

Capital appreciation over long-termA portfolio that is invested predominantly in equity and equity-related securities of blue-chip large-cap companies.High Risk

LOW HIGH

yletaredo

M

woL


High

Highw

oL

Riskometer

Investors understand that their principal will be at high risk*Investors should consult their financial advisers if in doubt


Quantitative/Volatility MeasuresStandard DeviationBeta

Sharpe RatioPortfolio Turnover

4.15461.0981

0.13512.46

FUND STYLEInvestment Style

Capita

lisatio

n

Growth Blend Value

LargeSm

allM

edium

10


Growth OptionDividend OptionMonthly Dividend OptionHalf Yearly Dividend OptionQuarterly Dividend Option

` 19.3600` 11.2400` 10.7300` 10.9000` 10.9000

Regular Plan

` 18.1000` 13.8800` 10.7300` 10.8500` 10.8200

Sectoral Allocation


HDFC Bank Ltd Equity Shares Banks 6.69%HDFC Ltd Equity Shares Finance 6.42%Reliance Industries Ltd Equity Shares Petroleum Products 6.00%Maruti Suzuki India Ltd Equity Shares Auto 6.00%Larsen & Toubro Ltd Equity Shares Construction Project 5.66%ICICI Bank Ltd Equity Shares Banks 5.48%ITC Ltd Equity Shares Consumer Non Durables 4.19%Power Grid Corporation Of Equity Shares Power 3.80%

State Bank Of India Equity Shares Banks 3.62%Hero Motocorp Ltd Equity Shares Auto 3.20%Total of Top Ten Holdings 51.06%Total Holdings 92.72%Cash & Cash Equivalents 7.28%Grand Total 100.00%

India Ltd

Company Name Category Industry % of Assets


1.02%1.15%1.36%

1.39%1.43%1.43%1.53%1.71%1.74%1.80%2.07%

2.77%3.27%

3.80%5.66%

9.15%9.70%9.96%

14.10%17.68%

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00% 16.00% 18.00% 20.00%

Industrial ProductsSoftware

Auto AncillariesFertilisers

Non - Ferrous MetalsTextile Products

OilMedia & Entertainment

ConstructionGas

Industrial Capital GoodsPharmaceuticals

CementPower

Construction ProjectPetroleum Products

FinanceConsumer Non Durables

AutoBanks

11

INVESTMENT OBJECTIVETo generate income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be realized.

THIS PRODUCT IS SUITABLE FORINVESTORS WHO ARE SEEKING*Ÿ To generate reasonable returns over short

to medium term.Ÿ Investment predominantly in arbitrage

opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.

Ÿ Moderately Low Risk

June 2017

Indiabulls Arbitrage Fund(An Open-ended Equity Scheme)



LOAD INFORMATIONEntry Load : Not ApplicableExit Load : 0.25%, if redeemed/ switched out within one month from the date of allotment; Nil, if redeemed/ switched out after one month from the date of allotment.

LATEST NAV PER UNITDirect Plan

Regular Plan

Growth OptionMonthly Dividend OptionHalf Yearly Dividend Option


Half Yearly Dividend OptionYearly Dividend Option

Monthly Quarterly Dividend Option

` 12.1285` 10.5722` 10.2051

` 11.9262` 10.5552` 10.1859` 10.1849` 10.1859



DATE OF ALLOTMENT19 December 2014

FUND MANAGERMr. Sumit BhatnagarTotal Work Experience: 15 yearsMr. Malay ShahTotal Work Experience: 15 years

LOW HIGH

yletaredo

M

woL


High

Highw

oL

Riskometer

Investors understand that their principal will be at moderately low risk


PortfolioCompany Name % of Assets

EQUITY SHARESSun Pharmaceuticals Industries Ltd Pharmaceuticals 9.20%Maruti Suzuki India Ltd Auto 9.19%Infosys Ltd Software 8.03%Housing Development Finance Corporation Ltd Finance 4.39%Zee Entertainment Enterprises Ltd Media & Entertainment 3.96%ITC Limited Consumer Non Durables 3.59%JSW Steel Ltd Ferrous Metals 3.52%Tata Steel Ltd Ferrous Metals 3.43%Oil & Natural Gas Corporation Ltd Oil 3.39%Infibeam Incorporation Ltd Software 3.36%Dewan Housing Finance Corp. Ltd Finance 3.21%Indusind Bank Ltd Banks 2.87%Century Textiles & Industries Ltd Cement 1.83%Bharat Electronics Ltd Industrial Capital Goods 1.45%Granules India Ltd Pharmaceuticals 1.39%Gail (India) Ltd Gas 1.35%The Karnataka Bank Ltd Banks 1.20%

Ltd Finance 0.73%Axis Bank Ltd Banks 0.69%IRB Infrastructure Developers Ltd Construction 0.51%Gujarat State Fertilizers & Chemicals Ltd. Fertilisers 0.25%Sub-Total 67.54%MARGIN FIXED DEPOSITS 15.86%Cash & Cash Equivalent / CBLO 16.60%Grand Total 100.00%

IDFC

Industry/Rating

Sectoral Allocation

MUTUAL FUND

0.25% 0.51%

1.35% 1.45%

1.83% 3.39%

3.59% 3.96%

4.76% 6.95%

8.33% 9.19%

10.59% 11.39%

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00%

FertilisersConstruction

GasIndustrial Capital Goods

CementOil

Consumer Non DurablesMedia & Entertainment

BanksFerrous Metals

FinanceAuto

PharmaceuticalsSoftware


Ÿ

Ÿ

Capital appreciation and provide long-term Capital growth.Investment primarily in companies that offer high relative value vis–a-vis other companies and fall within top 500 by market capitalization.Moderately High Risk

Indiabulls Value Discovery Fund(An Open-ended Equity Scheme)

LOAD INFORMATIONEntry Load : Not ApplicableExit Load : 1%, if redeemed/ switched out within 1 year from the date of allotment; Nil, if redeemed/ switched out after 1 year from the date of allotment.

BENCHMARKS&P BSE 500


LOW HIGH

yletaredo

M

woL


High

Highw

oL

Riskometer

Investors understand that their principal will be at moderately high risk


DATE OF ALLOTMENT8 September 2015



FUND MANAGERMr. Sumit BhatnagarTotal Work Experience: 15 yearsMr. Malay ShahTotal Work Experience: 15 years

INVESTMENT OBJECTIVEThe primary objective of the Scheme is to seek to generate capital appreciation by investing in a portfolio of Equity and Equity related securities of companies that meet the ‘relative value’ criteria and fall within top 500 by market cap. A company is considered as showing high relative value if it has a combination of higher RoCE and higher earnings yield. However, there can be no assurance that the investment objective of the scheme will be achieved.

FUND STYLEInvestment Style

Capita

lisatio

n

Growth Blend Value

LargeSm

allM

edium


Time Technoplast Equity Shares Industrial Products 3.75%Supreme Petrochem Ltd Equity Shares Chemicals 3.34%Century Plyboards (India) Ltd Equity Shares Consumer Durables 3.31%Maruti Suzuki India Ltd Equity Shares Auto 3.30%Uflex Ltd Equity Shares Industrial Products 3.26%Ashok Leyland Ltd Equity Shares Auto 3.15%Mangalore Refinery Equity Shares Petroleum Products 3.08%

JK Tyre & Industries Ltd Equity Shares Auto Ancillaries 3.06%Finolex Industries Ltd Equity Shares Industrial Products 3.01%MRF Ltd Equity Shares Auto Ancillaries 2.96%Total of Top Ten Holdings 32.22%Total Holdings 87.83%Cash & Cash Equivalents 12.17%Grand Total 100.00%

Petrochemicals

Company Name Category Industry % of Assets

Sectoral Allocation

12


Growth OptionDividend OptionHalf Yearly Dividend OptionMonthly Dividend OptionQuarterly Dividend Option

` 13.5964` 13.5717` 10.9669` 10.0339` 10.9654

Regular Plan

` 13.0294` 13.0272` 10.6632` 10.1085

-


2.23% 2.84%

2.84% 2.90% 4.22% 4.64%

5.23% 5.68% 5.75% 5.94%

6.05%

6.32%

6.45%

11.60%

15.14%

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00% 16.00%

Textiles - Cotton

TransportationCement

Textile ProductsIndustrial Capital Goods

PharmaceuticalsConstruction

ChemicalsPetroleum ProductsConsumer Durables

SoftwareConsumer Non Durables

AutoAuto Ancillaries

Industrial Products

Notes: NA - Not ApplicableReturns shown for 7 days, 15 days and 30 days are computed only for Indiabulls Liquid Scheme on Simple Annualised basis, Greater than/ equal to 1 year returns are Compounded Annualised Returns (CAGR). Past performance may or may not be sustained in future.# Based on investment of Rs. 10,000 made at inception. All returns are for Growth Option only. Since inception returns have been calculated from the date of allotment till 30th June 2017.

SCHEME PERFORMANCE

13

MUTUAL FUNDJune 2017

Last 7 Last 15 Last 30 days till days till days till 2016 till 2014 till 2012 till Inception Inception Value (As of

30th June 30th June 30th June 30th June 30th June 30th June (CAGR) (Value #) 30th June2017 2017 2017 2017 2017 2017 INR 2017

30th June 30th June 30th June Since Since NAV/Index

Period

Funds Managed by Mr. Malay Shah

Funds Managed by Mr. Sumit Bhatnagar & Mr. Malay Shah

6.5675 6.5389 6.5157 7.0641 8.0589 8.5094 8.7175 15,997.05 1,608.276.6677 6.6393 6.6164 7.1727 8.1647 N.A. 8.5415 16,064.92 1,615.236.3945 6.4637 6.6209 6.8554 7.8314 8.2520 8.2856 14,306.09 2,729.696.4721 5.7695 5.7269 6.5332 7.5727 7.3556 7.2774 13,716.58 4,829.395.4968 5.8298 7.3434 8.2391 8.6470 8.8691 9.0172 15,960.40 1,605.675.9033 6.2336 7.7474 8.7552 9.2138 N.A. 9.3013 16,310.18 1,641.406.3945 6.4637 6.6209 6.8554 7.8314 8.2520 8.2856 14,306.09 2,729.696.4721 5.7695 5.7269 6.5332 7.5727 7.3556 7.2774 13,716.58 4,829.39-4.2754 1.3417 7.1417 7.8130 8.6790 N.A. 8.7701 13,680.24 1,376.05-3.2729 2.3513 8.1745 8.8998 9.9790 N.A. 10.0482 14,313.08 1,440.920.6218 4.0133 10.0941 8.8812 9.1174 9.0870 9.4703 14,103.48 2,937.396.4721 5.7695 5.7269 6.5332 7.5727 7.3556 7.7537 13,281.34 4,829.39

-0.2308 2.7857 7.4414 7.3877 8.8034 N.A. 7.2839 13,472.40 13.550.2576 3.2850 7.9437 7.9355 9.7990 N.A. 8.3857 14,075.50 14.17-7.2141 0.3261 16.9012 11.4700 10.9079 9.5762 9.5933 14,866.72 2,899.16

-26.7108 -8.6422 15.5284 13.4778 11.6010 N.A. 9.8272 15,014.64 1,520.62-25.7288 -7.6577 16.5308 14.4383 12.5088 N.A. 10.9220 15,682.81 1,589.58-7.0313 -0.9694 22.1067 11.0433 11.1736 9.8802 9.5827 15,059.28 9,140.916.4721 5.7695 5.7269 6.5332 7.5727 7.3556 7.3439 13,730.85 4,829.38

N.A. N.A. N.A. 6.5201 N.A. N.A. 7.2062 11,865.60 11.9262N.A. N.A. N.A. 7.2360 N.A. N.A. 7.9209 12,060.90 12.1285N.A. N.A. N.A. 6.5332 7.5727 7.3556 7.6340 12,049.47 2,729.69N.A. N.A. N.A. 6.8554 7.8314 8.2520 7.3928 11,981.17 4,829.39N.A. N.A. N.A. 29.5697 N.A. N.A. 15.7083 11,865.60 13.03N.A. N.A. N.A. 32.7462 N.A. N.A. 18.4580 12,060.90 13.60N.A. N.A. N.A. 19.4842 10.3998 14.5304 15.6344 13,014.30 13,178.45N.A. N.A. N.A. 14.8792 7.7397 12.5047 12.5107 12,383.70 9,520.90N.A. N.A. N.A. 8.2440 N.A. N.A. 7.7080 11,301.70 11.24N.A. N.A. N.A. 9.8255 N.A. N.A. 9.2171 11,539.70 11.49N.A. N.A. N.A. 12.0691 10.5631 10.1535 11.0420 11,800.69 3,586.76N.A. N.A. N.A. 6.5332 7.5727 7.3556 6.7570 11,088.94 4,829.39

N.A. N.A. N.A. 19.6299 11.8822 13.7683 11.6388 18,490.00 18.10N.A. N.A. N.A. 21.7610 13.8341 N.A. 14.0746 19,750.00 19.36N.A. N.A. N.A. 14.8792 7.7397 12.5047 11.0118 15,999.23 9,520.90N.A. N.A. N.A. 14.5257 6.7509 12.1343 10.6902 15,791.79 30,921.61

Indiabulls Liquid Fund(G)Indiabulls Liquid Fund(G)-Direct PlanCrisil Liquid Fund IndexCrisil 1 Yr T-Bill Index

Indiabulls Ultra Short Term Fund(G)Indiabulls Ultra Short Term Fund(G)-Direct PlanCrisil Liquid Fund IndexCrisil 1 Yr T-Bill Index

Indiabulls ST Fund(G)Indiabulls ST Fund(G)-Direct PlanCrisil Short Term Bond Fund IndexCrisil 1 Yr T-Bill Index

Indiabulls Income Fund-Reg(G)Indiabulls Income Fund(G)-Direct PlanCrisil Composite Bond Fund Index

Indiabulls Gilt(G)Indiabulls Gilt(G)-Direct PlanI-Sec Composite Gilt IndexCrisil 1 Yr T-Bill Index

Indiabulls Arbitrage Fund-Reg(G)Indiabulls Arbitrage Fund(G)-Direct PlanCrisil Liquid Fund IndexCrisil 1 Yr T-Bill Index

Indiabulls Value Discovery Fund-Reg(G)Indiabulls Value Discovery Fund(G)-Direct PlanS&P BSE 500NIFTY 50

Indiabulls Monthly Income PlanIndiabulls Monthly Income Plan(G)-Direct PlanCrisil MIP Blended IndexCrisil 1 Yr T-Bill Index

Indiabulls Blue Chip Fund(G)Indiabulls Blue Chip Fund(G)-Direct PlanNIFTY 50S&P BSE SENSEX

Funds Managed by Mr. Sumit Bhatnagar

Funds Managed by Mr. Malay Shah & Mr. Kunal M. Jain

PERFORMANCE DISCLOSURE

14

MUTUAL FUND

Disclosure on performance of other schemes managed by the fund manager

Name of Fund Manager: Mr. Malay Shah

Period

Indiabulls Liquid Fund(G)

Indiabulls Liquid Fund(G)-Direct Plan

Indiabulls Ultra Short Term Fund(G)

Indiabulls Ultra Short Term Fund(G)-Direct Plan

Indiabulls Short Term Fund(G)

Indiabulls Short Term Fund(G)-Direct Plan

#Indiabulls Value Discovery Fund-Reg(G)

#Indiabulls Value Discovery Fund(G)-Direct Plan

*Indiabulls Gilt Fund(G)

*Indiabulls Gilt Fund(G)-Direct Plan

*Indiabulls Income Fund-Reg(G)

*Indiabulls Income Fund(G)-Direct Plan

$Indiabulls Monthly Income Plan

$Indiabulls Monthly Income Plan(G)-Direct Plan

#Indiabulls Arbitrage Fund-Reg(G)

#Indiabulls Arbitrage Fund(G)-Direct Plan

7.0641 6.8554 8.0589 7.8314 8.5094 8.2520

7.1727 6.8554 8.1647 7.8314 N.A. 8.2520

8.2391 6.8554 8.6470 7.8314 8.8691 8.2520

8.7552 6.8554 9.2138 7.8314 N.A. 8.2520

7.8130 8.8812 8.6790 9.1174 N.A. 9.0870

8.8998 8.8812 9.9790 9.1174 N.A. 9.0870

29.5697 19.4842 N.A. 10.3998 N.A. 14.5304

32.7462 19.4842 N.A. 10.3998 N.A. 14.5304

13.4778 11.0433 11.6010 11.1736 N.A. 9.8802

14.4383 11.0433 12.5088 11.1736 N.A. 9.8802

7.3877 11.4700 8.8034 10.9079 N.A. 9.5762

7.9355 11.4700 9.7990 10.9079 N.A. 9.5762

8.2440 12.0691 N.A. 10.5631 N.A. 10.1535

9.8255 12.0691 N.A. 10.5631 N.A. 10.1535

6.5201 6.5332 N.A. 7.5727 N.A. 7.3556

7.2360 6.5332 N.A. 7.5727 N.A. 7.3556

1 year 3 years 5 years

Scheme return %

Scheme return %

Scheme return %

Benchmark return (%)



Indiabulls Liquid Fund(G)

Indiabulls Ultra Short Term Fund(G)

Indiabulls Fund(G)

Indiabulls Income Fund-Reg(G)

Indiabulls Monthly Income Plan

Short Term Crisil Short Term Bond Fund Index

Indiabulls Value Discovery Fund-Reg(G) S&P BSE 500

Indiabulls Gilt(G) I-Sec Composite Gilt Index

Crisil Composite Bond Fund Index

Crisil MIP Blended Index

Indiabulls Arbitrage Fund-Reg(G) Crisil Liquid Fund Index

Fund Name Benchmark

Benchmark Details:

Crisil Liquid Fund Index

Note:

Ÿ # Managed along with Mr. Sumit Bhatnagar

Ÿ * Managed along with Mr. Kunal Jain

Ÿ $ Managed along with Mr. Kunal Jain and Mr. Sumit Bhatnagar

Ÿ Different plans shall have a different expense structure. The performance details provided herein are of (regular and direct) plan.

SIP RETURNS - Indiabulls Blue Chip Fund - Regular Plan (Growth Option)

Period 1-year 3-year 5-year 7-year 10-year Since Inception

1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 6,40,000

1,31,300 4,35,355 8,48,265 N.A. N.A. 9,26,208

21.39 13.46 14.27 N.A. N.A. 13.81

1,30,881 4,08,394 7,84,765 N.A. N.A. 8,57,281

20.57 8.84 11.03 N.A. N.A. 10.89

1,30,496 4,12,973 7,98,527 N.A. N.A. 8,72,098

19.82 9.64 11.75 N.A. N.A. 11.54

Total Amount Invested ( )

Total Value as on June 30, 2017 (`)

Returns (In %)

Total Value of S&P BSE Sensex

S&P BSE Sensex Returns (In %)

Total Value of Nifty 50

Nifty 50 Returns (In %)

`

SIP Returns - Indiabulls Arbitrage Fund - Regular Plan (Growth Option)

SIP Returns - Indiabulls Value Discovery Fund - Regular Plan (Growth Option)

Period

Period

1-year

1-year

3-year

3-year

5-year

5-year

7-year

7-year

10-year

10-year

Since Inception

Since Inception

N.A. - Not Applicable

The above table indicates the results for the scenario of an investor who would have invested ` 10,000 every month in Indiabulls Blue Chip Fund - Regular Plan (Growth Option), Indiabulls Arbitrage Fund - Regular Plan (Growth Option) & Indiabulls Value Discovery Fund - Regular Plan (Growth Option).

Note:Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Dividends assumed to be reinvested.

Load is not taken into consideration. On account of difference in the type/category, asset allocation or investment strategy, inception dates, performances of these funds are not strictly comparable.

1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 3,00,000

1,23,873 N.A. N.A. N.A. N.A. 3,26,195

7.17 N.A. N.A. N.A. N.A. 7.07

1,24,307 N.A. N.A. N.A. N.A. 3,28,802

7.96 N.A. N.A. N.A. N.A. 7.75

1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 2,10,000

1,35,590 N.A. N.A. N.A. N.A. 2,54,775

29.90 N.A. N.A. N.A. N.A. 25.17

1,32,623 N.A. N.A . N.A. N.A. 2,47,168

23.99 N.A. N.A. N.A. N.A. 20.96

1,30,496 N.A. N.A. N.A. N.A. 2,40,185

19.82 N.A. N.A. N.A. N.A. 17.07


Returns (In %)

Total Value of Crisil Liquid Fund Index

Crisil Liquid Fund Index Returns (In %)

`



Returns (In %)

Total Value of S&P BSE 500

S&P BSE 500 Returns (In %)

Total Value of Nifty 50

Nifty 50 Returns (In %)

`


SCHEME PERFORMANCE

June 2017

15

MUTUAL FUND

INDIABULLS ARBITRAGE FUND - DIVIDEND HISTORY

27-06-2017 10.0023-05-2017 10.0025-04-2017 10.00

10.5525 10.6240 - 0.055010.5013 10.6212 - 0.0550

10.4508 10.6203 - 0.0550

Record Date Face Value (in `)NAV (in `) Dividend/Unit (in `)

Regular Direct Regular Direct

INDIABULLS BLUE CHIP FUND - DIVIDEND HISTORY

19-06-2017 23-03-2016 10.00

10.00 10.9600 11.1200 1.7500 5.250013.8200 14.4600 1.9000 2.2500



INDIABULLS VALUE DISCOVERY FUND - MONTHLY OPTION No Dividend has been declared in this scheme

June 2017

DIVIDEND HISTORY

For all above, Pursuant to payment of dividend, the NAV of the scheme will fall to the extent of dividend distribution and statutory levy (if any). Past performance may or may not be sustained in future.

INDIABULLS LIQUID FUND - MONTHLY OPTION

01-06-2017 1,00002-05-2017 1,00003-04-2017 1,000

1,000.8668 1,029.3612 3.8930 4.0648 1,000.8668 1,029.3612 3.7163 3.8807 1,000.8667 1,029.3612 4.4235 4.6115



INDIABULLS ULTRA SHORT-TERM FUND - MONTHLY OPTION

28-06-2017 1,00026-05-2017 1,00026-04-2017 1,000

1,001.4021 1,001.3816 4.8281 5.0746 1,001.4021 1,001.3816 4.1881 4.4109 1,001.4020 1,001.3816 4.3302 4.5423



INDIABULLS SHORT TERM FUND - MONTHLY OPTION

28-06-2017 1,00026-05-2017 1,00026-04-2017 1,000

1,012.1271 1,009.8677 4.4815 5.16431,012.1271 1,009.8677 4.7795 5.3739

1,012.1268 1,009.8676 3.9993 4.5543



INDIABULLS INCOME FUND - MONTHLY OPTION

28-06-2017 10.0026-05-2017 10.0028-11-2016 10.00

10.3176 10.4363 0.0498 - 10.3137 10.5673 - 0.0161 10.3176 10.5673 0.2435 0.2016



INDIABULLS INCOME FUND - QUARTERLY OPTION

25-03-2015 10.0026-12-2014 10.0025-09-2014 10.00

10.4095 10.1411 0.2323 0.2178 10.4401 10.1408 0.2726 0.2792 10.2953 10.0000 0.1331 0.1513



INDIABULLS INCOME FUND - HALF YEARLY OPTION

25-03-2015 10.0025-09-2014 10.0025-03-2014 10.00

10.1073 10.1168 0.5008 0.5226 10.0000 10.0000 0.4011 0.4509

10.0000 10.0000 0.1199 0.2218



INDIABULLS GILT FUND - MONTHLY OPTION

28-06-2017 1,00006-02-2017 1,00027-01-2017 1,000

1,040.6147 1,017.5092 6.0019 8.4608 1,041.4788 1,018.6200 55.2325 126.2752 1,040.6148 1,017.5100 55.2325 126.2752



INDIABULLS MONTHLY INCOME PLAN - MONTHLY OPTION No Dividend has been declared in this scheme

16

MUTUAL FUND

Driven by Process,Not by Emotions

INDIABULLSVALUE DISCOVERY FUNDAn open ended equity scheme

1800 2666 002

www.indiabullsamc.com

SMS 'IBAMC' to 56161

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

MUTUAL FUND

For more information, please refer to page no. 12

Indiabulls Asset Management Company LimitedCIN: U65991DL2008PLC176627

Registered Office:M - 62 & 63, 1st Floor, Connaught Place, New Delhi - 110 001. Tel: (011) 3025 2900; Fax: (011) 3025 2901

Corporate Office:Indiabulls Finance Centre Tower - 1, 11th Floor, Senapati Bapat Marg, Elphinstone West, Mumbai 400 013. Tel: (022) 6189 1300; Fax: (022) 6189 1320

Call: 1800-2666-002SMS: ‘IBAMC’ to 56161Email: [email protected]: www.indiabullsamc.com

AMC Branches:

Ahmedabad: Radhika House, 1st Floor, C/o. Indiabulls Housing Finance Co Ltd., Opp. Mayor Banglow, Law Garden, Navrangpura, Ahmedabad - 380 006. Tel: (079) 6682 2236Bangalore: No. 103, 2nd Floor, Samskruthi Chambers, K. H. Road, Bangalore – 560 027 Tel: (080) 4635 1522Chennai: No. 20, Apex Chambers, 3rd Floor, Sir Theyagaraya Road, Pondy Bazaar, T Nagar, Chennai - 600 017. Tel: (044) 3007 0779Hyderabad: Park City Plaza, 3rd Floor, Road No. 1, Banjara Hills, Hyderabad – 500 034. Tel: (040) 4757 9911.Kolkata: 31, Chowringhee Road, 3rd Floor, Park Street Junction, Kolkata – 700016 Tel: 033 3997417.Mumbai: Indiabulls Finance Centre, Tower – 1, 11th Floor, Senapati Bapat Marg, Elphinstone (West), Mumbai – 400 013. Tel: : (022) 6189 1300.New Delhi: M - 62 & 63, 1st Floor, Connaught Place, New Delhi - 110 001. Tel: (011) 3015 6974.Pune: No. 115, City Mall, 1st Floor, University Road, Opp. Pride House, Shivajinagar, Pune – 411 007. Tel: (020) 3018 6714.

Disclaimer: The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds managed by the Indiabulls Asset Management Company is not necessarily indicative of future performance of the scheme/s. The Mutual Fund is not guaranteeing or assuring any dividend under any of the schemes and the same is subject to the availability of distributable surplus and at the sole discretion of trustees. The views expressed herein represents general market outlook and purely represent the views of the author. This document shall not be deemed to constitute any offer to sell the schemes of Indiabulls Asset Management Company. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

MUTUAL FUND

fund factsheet june 2017 - indiabulls amc · investment performance of mutual funds, among other...

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