IndiaBulls Mutual Fund revises the scheme category of three funds
Feb 12 2018
News Category: AMC Specific Updates
IndiaBulls Mutual Fund has revised the scheme category of Indiabulls Tax Savings Fund, Indiabulls Value Discovery Fund and Indiabulls Arbitrage Fund. The scheme category of Indiabulls Tax Savings Fund is revised as an open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit. Indiabulls Value Discovery Fund is categorized as an open ended equity scheme following a value investment strategy. Indiabulls Arbitrage Fund is categorized as an open ended scheme investing in arbitrage opportunities.