| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.25% |
| NAV | ₹23.78 (01 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹5,666 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Federal Bank Ltd. | Financial | Fixed Deposits | 10.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 5.6% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 4.0% |
| Bharti Airtel Ltd. | Communication | Equity | 4.0% |
| Punjab National Bank | Financial | Fixed Deposits | 3.9% |
| Punjab & Sind Bank | Financial | CD | 3.5% |
| ICICI Bank Ltd. | Financial | Equity | 3.3% |
| Infosys Ltd. | Technology | Equity | 3.0% |
| AU Small Finance Bank Ltd. | Financial | Fixed Deposits | 3.0% |
HDFC Arbitrage Direct Plan Growth is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Krishan Daga is the Current Fund Manager of HDFC Arbitrage Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹5,666 Cr and the Latest NAV as of 01 Jul 2020 is ₹23.78.
The HDFC Arbitrage Direct Plan Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Exit load of 0.25% if redeemed within 1 month
To generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities 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.