Fund Details
DSP Arbitrage Fund Direct Dividend
| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.37% |
| NAV | ₹10.48 (26 Feb 2021) |
|---|---|
| Fund Started | 25 Jan 2018 |
| Fund Size | ₹1,038 Cr |
Returns
Comparison
1. Lower expense ratio - 0.35%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.6% |
| ICICI Bank Ltd. | Financial | Equity | 7.4% |
| Bharti Airtel Ltd. | Communication | Equity | 7.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.6% |
| Reliance Industries Ltd. | Energy | Equity | 6.1% |
| Indusind Bank Ltd. | Financial | Equity | 5.7% |
| Reserve Bank of India | Financial | T-Bills | 4.3% |
| Vedanta Ltd. | Metals | Equity | 3.4% |
| Adani Enterprises Ltd. | Services | Equity | 3.4% |
| Jindal Steel & Power Ltd. | Metals | Equity | 3.3% |
Fund Managers
DSP Arbitrage Fund Direct Dividend Details
DSP Arbitrage Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 25 Jan 2018. Mayur Patel, Rahul Vekaria is the Current Fund Manager of DSP Arbitrage Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,038 Cr and the Latest NAV as of 26 Feb 2021 is ₹10.48.
The DSP Arbitrage Fund Direct Dividend is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. For units more than 10% of the investments, an exit load of 0.25% if redeemed within 30 days.
Investment Objective
The Scheme seeks to generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative market.
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.
