Indiabulls Mutual Fund changes asset allocation of Indiabulls Savings Income Fund
Feb 27 2018
News Category: AMC Specific Updates
Indiabulls Mutual Fund has decided to change the asset allocation of Indiabulls Savings Income Fund effective from Mar 7, 2018. Accordingly, Crisil Hybrid 75+25 - Conservative Index will be the new benchmark index instead of Crisil Hybrid 85+15 – Conservative Index. It has also decided to remove the exit load from the Indiabulls Income Fund instead of earlier 3% exit load applicable if redeemed/switched out within 3 year.