Mutual Fund NFO – Indiabulls Equity Hybrid Fund details and review

New Fund offer by Indiabulls, let us have a look at the details of the offer.

Mutual Fund	Indiabulls Mutual Fund
Scheme Name	Indiabulls Equity Hybrid Fund
Objective of Scheme	The Scheme seeks to generate periodic return and long-term capital appreciation from a judicious mix of equity and debt instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Scheme Type	Open Ended
Scheme Category	Hybrid Scheme - Aggressive Hybrid Fund
New Fund Launch Date	22-Nov-2018
New Fund Earliest Closure Date	06-Dec-2018
New Fund Offer Closure Date	06-Dec-2018
Indicate Load Separately	Entry Load: Not Applicable Exit Load: •
Minimum Subscription Amount	Rs. 500 and in multiples of Re. 1 thereafter

Source - Amfi 

What is a Mutual Fund NFO - A new fund offer occurs when a fund is launched, allowing the firm to raise capital for purchasing securities. Mutual funds are one of the most common new fund offerings marketed by an investment company. The initial purchasing offer for a new fund varies by the fund’s structuring.

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Important part of the SID Scheme Information Document

Check SID document in detail

Type of scheme - An open ended hybrid scheme investing predominantly in equity and equity related instruments. Hybrid Fund would have an equity allocation of 65% - 80% & debt allocation of 20% - 35%. The scheme aims at providing dual benefit of Wealth generation through investment in equities and lower volatility through investment in debt.

Investment Objective -  To generate periodic returns and long term capital appreciation from a judicious mix of equity and debt instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.The scheme will offer both direct and regular opton

Where will the scheme invest?

·         In the equity segment, fund intends to invest in Automobile, Banking, Financial Services, Metals and Energy. In the defensive side, it intends to invest in FMCG, IT and Pharma.

·         In the debt segment it intends to buy AA and above rated debt papers. The portfolio allocation likely to be 20-35%

Who will manage the fund?

The fund management includes the following team members-

Fund Manager	Brief Experience
Sumit Bhatnagar Head Equity (For Equity Segment) Age – 40 years Qualification - MBA (Univ. of Toronto), CFA (USA)	Mr. Sumit has 15 years of experience in Banking & Capital Markets. Prior to joining Indiabulls, he has worked with SEBI for close to 4.5 years in Investment Management Department. He has also worked in Banking Industry in retail and corporate assets. Sumit has been with Indiabulls since February 2009.
Vikesh Gandhi Age – 41 years Qualification – M.Com, University of Mumbai, MBA (Finance & Accounting), University of Hartford, USA	Mr. Veekesh Gandhi has more than 10 years of experience in the field of finance. He was earlier associated with DSP Merrill Lynch Ltd, SSKI Securities and Motilal Oswal Securities, wherein he was responsible for tracking the BFSI sector and research on investment ideas.
Malay Shah Age – 39 years Qualification – B.Com, MMS Finaance	Mr. Malay Shah has 15 years of experience in the field of finance. He has exposure to Debt – Dealing and Fund Management. Prior to joining Indiabulls Mutual Fund, he was working in the capacity of Head – Fixed Income with Peerless Funds Management Co. Ltd, managing all the debt Schemes.

Mymoneystreets Take –

Indiabulls Mutual Funds, is one of the fast-growing young Mutual Fund company with an AUM of about 10 thousand crore. Indiabulls Mutual Fund was launched in the year 2008. Indiabulls Mutual Fund has 4 existing equity funds and 7 debt-oriented funds in the kitty. The fund is suitable for investors with moderate to high-risk appetite with an investment outlook of 5-8 years horizon, highly recommend the SIP mode for the investment.

This category has many funds who are doing well. It is just one more addition. However, Fund managers well equipped to get good value to the investors. The view on investing this fund is neutral.

Read the SID carefully before investing, if you are a new investor, take suggestions from a financial advisor.