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Groww Arbitrage Fund Direct Growth
Hybrid
Arbitrage
Low Risk
+3.87%
3Y annualised
-0.10% 1D
NAV: 27 Oct '23
₹16.39
Min. SIP amount
Not Supported
Fund size
₹2.49 Cr
Expense ratio
0.44%
Holdings (27)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Oberoi Realty Ltd. | Construction | Equity | 9.72% |
| Axis Bank Ltd. | Financial | Equity | 7.79% |
| Reliance Industries Ltd. | Energy | Equity | 7.05% |
| HDFC Bank Ltd. | Financial | Equity | 6.73% |
| Can Fin Homes Ltd. | Financial | Equity | 5.98% |
| ITC Ltd. | Consumer Staples | Equity | 5.70% |
| Dabur India Ltd. | Consumer Staples | Equity | 5.53% |
| City Union Bank Ltd. | Financial | Equity | 5.08% |
| Godrej Consumer Products Ltd. | Consumer Staples | Equity | 3.98% |
| Bajaj Finance Ltd. | Financial | Equity | 3.92% |
| The Indian Hotels Company Ltd. | Services | Equity | 3.30% |
| Tata Steel Ltd. | Metals & Mining | Equity | 2.84% |
| Hindustan Petroleum Corporation Ltd. | Energy | Equity | 2.76% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 2.00% |
| Hindustan Petroleum Corporation Ltd. | Energy | Futures | -2.77% |
| Tata Steel Ltd. | Metals & Mining | Futures | -2.86% |
| The Indian Hotels Company Ltd. | Services | Futures | -3.31% |
| Bajaj Finance Ltd. | Financial | Futures | -3.93% |
| Godrej Consumer Products Ltd. | Consumer Staples | Futures | -4.00% |
| City Union Bank Ltd. | Financial | Futures | -5.11% |
| Dabur India Ltd. | Consumer Staples | Futures | -5.55% |
| ITC Ltd. | Consumer Staples | Futures | -5.72% |
| Can Fin Homes Ltd. | Financial | Futures | -6.02% |
| HDFC Bank Ltd. | Financial | Futures | -6.78% |
| Reliance Industries Ltd. | Energy | Futures | -7.09% |
| Axis Bank Ltd. | Financial | Futures | -7.84% |
| Oberoi Realty Ltd. | Construction | Futures | -9.78% |
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +5.7% | +3.9% | +4.4% | +5.7% |
| Category average (Hybrid Arbitrage) | +6.1% | +6.8% | +5.6% | -- |
| Rank (Hybrid Arbitrage) | 26 | 25 | 19 | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 025% if redeemed within 1 month
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Invesco India Arbitrage Fund Direct Growth | +7.06% | +7.80% | 28,593.32 | |
Tata Arbitrage Fund Direct Growth | +7.15% | +7.80% | 20,563.28 | |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | +7.12% | +7.75% | 26,735.76 | |
Bandhan Arbitrage Fund Direct Growth | +6.85% | +7.68% | 8,828.63 | |
SBI Arbitrage Opportunities Fund Direct Growth | +6.94% | +7.67% | 43,574.28 | |
| Compare | ||||
About Groww Arbitrage Fund Direct Growth
Groww Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Groww Mutual Fund. This scheme was made available to investors on 10 Apr 2008. The fund currently has an Asset Under Management(AUM) of ₹4,262 Cr and the Latest NAV as of 27 Oct 2023 is ₹16.39.
The Groww Arbitrage Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹500. Exit load of 025% if redeemed within 1 month
;
Investment Objective
The scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and 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.
Fund benchmarkNIFTY 50 Arbitrage Total Return Index
Fund house
Rank (total assets)#41 in India
Total AUM₹4,261.91 Cr
Date of Incorporation10 Apr 2008
Launch Date10 Apr 2008
Address505 – 5th Floor, Tower 2B, One World Centre, Near Prabhadevi Railway Station, Lower Parel,Maharashtra Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,