|Min SIP Amount||₹500|
|NAV||₹10.57 (07 May 2021)|
|Fund Started||25 Jan 2018|
|Fund Size||₹1,151 Cr|
|Reserve Bank of India||Financial||T-Bills||8.7%|
|ICICI Bank Ltd.||Financial||Equity||6.2%|
|Indusind Bank Ltd.||Financial||Equity||6.0%|
|Bharti Airtel Ltd.||Communication||Equity||6.0%|
|Adani Enterprises Ltd.||Services||Equity||5.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||5.2%|
|Reliance Industries Ltd.||Energy||Equity||5.2%|
|Jindal Steel & Power Ltd.||Metals||Equity||3.9%|
|Reserve Bank of India||Financial||T-Bills||2.6%|
DSP Arbitrage Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,151 Cr and the Latest NAV as of 07 May 2021 is ₹10.57.
The DSP Arbitrage Fund Direct IDCW 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.
The Scheme seeks to generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative market.
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.