Fund Details
Aditya Birla Sun Life Arbitrage Fund Direct Growth
| Risk | Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.29% |
| NAV | ₹21.59 (22 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹3,335 Cr |
Returns
Comparison
1. Age is more than 5 years
2. Lower expense ratio - 0.32%
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct-Growth | Financial | Mutual Fund | 11.3% |
| Bharti Airtel Ltd. | Communication | Equity | 5.6% |
| ICICI Bank Ltd. | Financial | Equity | 5.3% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.7% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 3.7% |
| Reliance Industries Ltd. | Energy | Equity | 3.6% |
| Axis Bank Ltd. | Financial | Equity | 3.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.2% |
| JSW Steel Ltd. | Metals | Equity | 2.8% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 2.8% |
Fund Managers
Aditya Birla Sun Life Arbitrage Fund Direct Growth Details
Aditya Birla Sun Life Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Lovelish Solanki is the Current Fund Manager of Aditya Birla Sun Life Arbitrage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,335 Cr and the Latest NAV as of 22 Jan 2021 is ₹21.59.
The Aditya Birla Sun Life Arbitrage Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 0.25% if redeemed within 30 days.
Investment Objective
The Scheme seeks to generate income by investing predominantly in equity and equity related instruments. It intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Future).
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
