| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.32% |
| NAV | ₹21.18 (03 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹4,182 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.5% |
| Bharti Airtel Ltd. | Communication | Equity | 5.0% |
| Reliance Industries Ltd. | Energy | Equity | 4.4% |
| ICICI Bank Ltd. | Financial | Equity | 3.9% |
| Axis Bank Ltd. | Financial | Equity | 3.9% |
| State Bank of India | Financial | Equity | 3.2% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.6% |
| REC Ltd. | Financial | NCD | 2.4% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 2.2% |
| Bajaj Finance Ltd. | Financial | Equity | 2.2% |
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 ₹4,182 Cr and the Latest NAV as of 03 Jul 2020 is ₹21.18.
The Aditya Birla Sun Life Arbitrage Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 1000. Exit load of 0.25% if redeemed within 30 days.
The Scheme seeks to generate income by investing predominantly in equity and equity related instruments. The Scheme intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Future).
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.