MFIs/MFD/RIAs are hereby informed that we have received communication from INDIABULLS Mutual Fund regarding winding up of INDIABULLS GILT FUND on BSE StAR MF Platform with immediate effect.
Since the said scheme has been wind up by INDIABULLS Mutual Fund, there will be no further allotment of units in the scheme, MFIs/MFDs/RIAs are hereby informed to cancel the existing SIP/XSIP/STP/SWP registered on BSE star MF platform with immediate effect.
Also, as confirm by INDIABULLS AMC existing investor units will get compulsorily redeemed for NAV date of December 17, 2018 and payout will also get released from AMC end to the client within 5 working days.
Also, attached herewith notice cum addendum issued by INDIABULLS Mutual Fund.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Assistant General Manager – Mutual Funds
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