Indiabulls Mutual Fund has filed its draft offer document with SEBI in regard to Indiabulls Tax Saver Fund.
Type of Scheme
An Open-ended Equity Linked Savings Scheme (subject to lock in period of 3 years from the date of allotment)
As per the present tax laws, eligible investors in the scheme (who are “Assessee” as per the ELSS Rules) are entitled to deductions of the amount invested in the units of the scheme under Section 80(C) of the Income Tax Act, 1961 to such extent (presently one lakh) and subject to such conditions as may be notified from time to time.
The scheme has been formulated in accordance with the Equity Linked Savings Scheme (ELSS) notifications dated November 03, 2005 and December 13, 2005 issued by the Government of India.
Investment objective
The primary investment objective of the Scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities.
However there can be no assurance that the investment objective of the scheme will be achieved.
December 7th, 2011
The following is a list of mutual fund draft offer documents that are submitted for SEBI and are now put on SEBI website for public to offer their comments on the adequacy of disclosures.
Birla Sun Life FTP - Series CE to Series CK
Principal Pnb FMP - 182 Days - Series I
Principal Pnb FMP - 182 Days - Series II
Tata FMP Series 28
Tata Natural Resources Fund
UTI - Fixed Term Income Fund - Series IX
July 28th, 2010
The following is a list of mutual fund draft offer documents that are submitted for SEBI and are now put on SEBI website for public to offer their comments on the adequacy of disclosures.
Reliance Hybrid Savings Fund
January 7th, 2010
The following is a list of mutual fund draft offer documents that are submitted for SEBI and are now put on SEBI website for public to offer their comments on the adequacy of disclosures.
Axis Income Suraksha
Peerless Liquid Fund
Peerless MF Savings Fund
Peerless Short Term Fund
Peerless Ultra Short Term Fund
January 6th, 2010
The following is a list of mutual fund draft offer documents that are submitted for SEBI and are now put on SEBI website for public to offer their comments on the adequacy of disclosures.
DSP Blackrock Focus 25 Fund
JP Morgan India Short Term Income Fund
Kotak Credit Opportunities Fund
Shinsei government Securities Fund (Long Term Plan)
January 6th, 2010