|Min SIP Amount||Not Supported|
|NAV||₹12.75 (27 Nov 2020)|
|Fund Started||22 Jun 2017|
|Fund Size||₹3,311 Cr|
|Reliance Industries Ltd.||Energy||Equity||5.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||4.9%|
|Bharti Airtel Ltd.||Communication||Equity||4.6%|
|ICICI Bank Ltd.||Financial||Equity||4.0%|
|Adani Ports and Special Economic Zone Ltd.||Services||Equity||3.3%|
|Reserve Bank of India||Financial||T-Bills||3.0%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||Equity||1.7%|
|JSW Steel Ltd.||Metals||Equity||1.6%|
|Aurobindo Pharma Ltd.||Healthcare||Equity||1.6%|
Edelweiss Arbitrage Fund Direct Dividend Monthly is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 22 Jun 2017. Dhawal Dalal, Bhavesh Jain is the Current Fund Manager of Edelweiss Arbitrage Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹3,311 Cr and the Latest NAV as of 27 Nov 2020 is ₹12.75.
The Edelweiss Arbitrage Fund Direct Dividend Monthly 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.
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.
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.