| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.93% |
| NAV | ₹10.85 (22 Oct 2020) |
|---|---|
| Fund Started | 24 Jul 2009 |
| Fund Size | ₹3,839 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 8.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.7% |
| Bharti Airtel Ltd. | Communication | Equity | 4.4% |
| ICICI Bank Ltd. | Financial | Equity | 4.4% |
| ITC Ltd. | FMCG | Equity | 3.4% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 2.9% |
| Axis Bank Ltd. | Financial | Equity | 2.8% |
| JSW Steel Ltd. | Metals | Equity | 2.1% |
| State Bank of India | Financial | Equity | 1.9% |
| Grasim Industries Ltd. | Construction | Equity | 1.8% |
Aditya Birla Sun Life Arbitrage Fund Dividend is a Hybrid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 24 Jul 2009. Lovelish Solanki is the Current Fund Manager of Aditya Birla Sun Life Arbitrage Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹3,839 Cr and the Latest NAV as of 22 Oct 2020 is ₹10.85.
The Aditya Birla Sun Life Arbitrage Fund Dividend is rated Moderately Low 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. It 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.