| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.35% |
| NAV | ₹10.24 (10 Jul 2020) |
|---|---|
| Fund Started | 25 Jan 2018 |
| Fund Size | ₹1,104 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 6.5% |
| Hindustan Unilever Ltd. | FMCG | Equity | 6.0% |
| Indusind Bank Ltd. | Financial | Equity | 5.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.7% |
| Vedanta Ltd. | Metals | Equity | 4.2% |
| Reliance Industries Ltd. | Energy | Equity | 3.8% |
| Bharti Airtel Ltd. | Communication | Equity | 3.5% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 3.4% |
| REC Ltd. | Financial | Bonds/Deb | 2.5% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 2.2% |
DSP Arbitrage Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by DSP BlackRock 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 ₹1,104 Cr and the Latest NAV as of 10 Jul 2020 is ₹10.24.
The DSP Arbitrage Fund Direct Dividend is rated Moderately 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.
The investment objective of the Scheme is to generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative market. Investments may also be made in debt & money market instruments.
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.