Fund Details
Edelweiss Arbitrage Fund Direct Dividend
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.40% |
| NAV | ₹11.17 (25 Jan 2021) |
|---|---|
| Fund Started | 27 Jun 2014 |
| Fund Size | ₹3,195 Cr |
Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. Lower expense ratio - 0.4%
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
6. Age is more than 5 years
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 4.8% |
| Tata Steel Ltd. | Metals | Equity | 3.5% |
| Bharti Airtel Ltd. | Communication | Equity | 2.8% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 2.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.3% |
| ICICI Bank Ltd. | Financial | Equity | 2.2% |
| Reliance Industries Ltd. | Energy | Equity | 2.1% |
| JSW Steel Ltd. | Metals | Equity | 2.1% |
| Cipla Ltd. | Healthcare | Equity | 2.0% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 1.7% |
Fund Managers
Edelweiss Arbitrage Fund Direct Dividend Details
Edelweiss Arbitrage Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 27 Jun 2014. Dhawal Dalal, Bhavesh Jain is the Current Fund Manager of Edelweiss Arbitrage Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹3,195 Cr and the Latest NAV as of 25 Jan 2021 is ₹11.17.
The Edelweiss Arbitrage Fund Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.1%, if redeemed within 30 days.
Investment Objective
The Scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments.
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.
