1M
6M
1Y
3Y
5Y
All
| NAV: 01 Dec 2021 | ₹11.62 |
| Min. SIP amount | NA |
| Rating | 5 |
| Fund size | ₹6,017.17Cr |
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 4.7% | 5.6% | 6.1% | 6.8% |
| Category average | 3.3% | 4.7% | 5.2% | NA |
| Rank with in category | 1 | 1 | 1 | NA |
Understand terms
Holdings (129)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Bajaj Finance Ltd. | Financial | CP | 5.8% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 3.5% |
MindTree Ltd. | Technology | Equity | 1.9% |
GOI | Sovereign | CGL | 1.7% |
Adani Enterprises Ltd. | Services | Equity | 1.7% |
Housing Development Finance Corpn. Ltd. | Financial | NCD | 1.7% |
GOI | Sovereign | GOI Sec | 1.7% |
Axis Finance Ltd. | Financial | CP | 1.6% |
Steel Authority Of India Ltd. | Metals | Equity | 1.6% |
Tata Steel Ltd. | Metals | Equity | 1.6% |
See All
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Past expense ratio & exit load
Expense ratio
Exit load
31 Oct 2021 - Present
0.39%
30 Sep 2021 - 31 Oct 2021
0.39%
31 Aug 2021 - 30 Sep 2021
0.39%
31 Jul 2021 - 31 Aug 2021
0.34%
30 Jun 2021 - 31 Jul 2021
0.34%
31 May 2021 - 30 Jun 2021
0.34%
30 Apr 2021 - 31 May 2021
0.34%
31 Mar 2021 - 30 Apr 2021
0.39%
28 Feb 2021 - 31 Mar 2021
0.39%
31 Jan 2021 - 28 Feb 2021
0.39%
31 Dec 2020 - 31 Jan 2021
0.40%
30 Nov 2020 - 31 Dec 2020
0.40%
31 Oct 2020 - 30 Nov 2020
0.40%
30 Sep 2020 - 31 Oct 2020
0.36%
31 Aug 2020 - 30 Sep 2020
0.37%
31 Jul 2020 - 31 Aug 2020
0.37%
30 Jun 2020 - 31 Jul 2020
0.35%
31 May 2020 - 30 Jun 2020
0.35%
30 Apr 2020 - 31 May 2020
0.35%
31 Mar 2020 - 30 Apr 2020
0.34%
29 Feb 2020 - 31 Mar 2020
0.34%
31 Jan 2020 - 29 Feb 2020
0.35%
31 Dec 2019 - 31 Jan 2020
0.35%
30 Nov 2019 - 31 Dec 2019
0.35%
31 Oct 2019 - 30 Nov 2019
0.35%
30 Sep 2019 - 31 Oct 2019
0.39%
31 Aug 2019 - 30 Sep 2019
0.40%
31 Jul 2019 - 31 Aug 2019
0.40%
30 Jun 2019 - 31 Jul 2019
0.39%
31 May 2019 - 30 Jun 2019
0.39%
30 Apr 2019 - 31 May 2019
0.43%
31 Mar 2019 - 30 Apr 2019
0.27%
28 Feb 2019 - 31 Mar 2019
0.46%
31 Jan 2019 - 28 Feb 2019
0.46%
31 Dec 2018 - 31 Jan 2019
0.46%
30 Nov 2018 - 31 Dec 2018
0.48%
31 Oct 2018 - 30 Nov 2018
0.48%
30 Sep 2018 - 31 Oct 2018
0.40%
31 Aug 2018 - 30 Sep 2018
0.47%
31 Jul 2018 - 31 Aug 2018
0.47%
30 Jun 2018 - 31 Jul 2018
0.47%
31 May 2018 - 30 Jun 2018
0.40%
30 Apr 2018 - 31 May 2018
0.40%
31 Mar 2018 - 30 Apr 2018
0.40%
28 Feb 2018 - 31 Mar 2018
0.40%
31 Jan 2018 - 28 Feb 2018
0.40%
31 Dec 2017 - 31 Jan 2018
0.40%
30 Nov 2017 - 31 Dec 2017
0.40%
31 Oct 2017 - 30 Nov 2017
0.40%
Expense ratio, exit load and tax
Expense ratio: 0.39%
Inclusive of GST
Exit load
Exit load of 0.1%, if redeemed within 30 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
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.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | NA |
Fund management
Dhawal Dalal
Dec 2016 - Present
View details
Education
Mr. Dalal is a B.E and MBA.
Experience
Prior to joining Edelweiss AMC he has worked with DSP Mutual Fund, Merrill Lynch Asset Management, Private Client Group and MLAM.
Also manages these schemes
Bhavesh Jain
Jun 2014 - Present
View details
Education
Mr. Jain is a MMS (Finance) from Mumbai University.
Experience
Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
Also manages these schemes
Hiten Shah
Jun 2019 - Present
View details
Education
Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
Experience
Prior to joining Kotak Mahindra Mutual fund, he was associated with Edelweiss Asset Management for more than 8 years as a CoFund manager and Chief dealer in equities segment. He was also associated with Edelweiss securities Ltd. as low risk arbitrage trader for more than 3 years.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #15 in India |
|---|---|
| Total AUM | ₹45,403.24Cr |
| Date of Incorporation | 30 Apr 2008 |
|---|
Edelweiss Arbitrage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on
Edelweiss Arbitrage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 30 Apr 2008. Dhawal Dalal, Bhavesh Jain is the Current Fund Manager of Edelweiss Arbitrage Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹45,403 Cr and the Latest NAV as of 01 Dec 2021 is ₹11.62.
The Edelweiss Arbitrage Fund Direct IDCW is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.1%, if redeemed within 30 days.
...Read more
Investment Objective
The Scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity market
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.
...Read more
| Fund benchmark | NIFTY 50 Arbitrage TRI |
|---|
Fund house contact details
Address
Tower 3, Wing B, Ground Floor, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla(W), Mumbai 400070
Phone
+91 22 40979900
Launch Date
30 Apr 2008
E-mail
[email protected]Website
NA
Edelweiss Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
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Edelweiss Arbitrage Fund Direct IDCW
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