Edelweiss Arbitrage Fund Direct Growth+0.02%

4Groww
7.08%
1 Year Return
Hybrid
Arbitrage
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

Edelweiss Arbitrage Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.35%
NAV14.75 (22 Nov 2019)
Fund Started27 Jun 2014
Fund Size3,854 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Edelweiss Arbitrage Fund Direct Growth
7.1%
6.9%
7.3%
7.5%
Category Average
6.9%
NA
NA
-
Rank within category
4
3
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 7.1% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. 5Y Returns are higher than the benchmark
    Cons
    1. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Housing Development Finance Corpn. Ltd.FinancialEquity7.7%
    Reliance Industries Ltd.EnergyEquity7.4%
    Infosys Ltd.TechnologyEquity3.8%
    Axis Bank Ltd.FinancialEquity3.4%
    ICICI Bank Ltd.FinancialEquity3.4%
    Housing Development Finance Corpn. Ltd.FinancialCP3.1%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity2.7%
    HDFC Bank Ltd.FinancialEquity2.6%
    Housing Development Finance Corpn. Ltd.FinancialCP2.5%
    ITC Ltd.FMCGEquity2.4%
    See All

    Fund Managers

    addDhawal Dalal
    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.
    Funds Managed
    addBhavesh Jain
    Education
    Mr. Jain is a MMS (Finance) from Mumbai University.
    Experience
    He brings considerable experience in Equity Markets to Edelweiss Securities Limited.
    Funds Managed
    addHiten Shah
    Education
    Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
    Experience
    Prior to joining Edelweiss Asset Management Limited (since July 2011) he was associated with Edelweiss Securities Limited as Low Risk Arbitrage Trader for over three years.
    Funds Managed

    Other Details

    Edelweiss Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was introduced to investors on 27 Jun 2014. Dhawal Dalal, Bhavesh Jain is the Current Fund Manager of Edelweiss Arbitrage Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹3,854 Cr and the Latest NAV as of 22 Nov 2019 is ₹14.75.

    The Edelweiss Arbitrage Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 0.1%, if redeemed within 30 days..

    Investment Objective

    The investment objective of the Scheme is 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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹500
    Min for Second Investment
    Exit load of 0.1%, if redeemed within 30 days.
    Exit Load

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    About Edelweiss Mutual Fund

    Address
    Tower 3, Wing B, Ground Floor, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla(W), Mumbai 400070
    Phone
    +91 22 40979900
    Launch Date
    29 Apr 2008
    Edelweiss Mutual Fund
    Asset Management Company
    Custodian
    NA
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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