| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.41% |
| NAV | ₹10.70 (23 Oct 2020) |
|---|---|
| Fund Started | 04 Apr 2014 |
| Fund Size | ₹5,298 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bharti Airtel Ltd. | Communication | Equity | 7.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.2% |
| Federal Bank Ltd. | Financial | Fixed Deposits | 6.5% |
| Reliance Industries Ltd. | Energy | Equity | 6.1% |
| ICICI Bank Ltd. | Financial | Equity | 5.7% |
| Punjab National Bank | Financial | Fixed Deposits | 5.4% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 4.3% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 3.6% |
| AU Small Finance Bank Ltd. | Financial | Fixed Deposits | 3.2% |
| Indian Bank | Financial | Fixed Deposits | 3.1% |
HDFC Arbitrage Fund Wholesale Direct Dividend is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 04 Apr 2014. Krishan Daga is the Current Fund Manager of HDFC Arbitrage Fund Wholesale Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹5,298 Cr and the Latest NAV as of 23 Oct 2020 is ₹10.70.
The HDFC Arbitrage Fund Wholesale Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 100000. Exit load of 0.25% if redeemed within 1 month
The scheme seeks to generate income through arbitrage opportunities and debt & 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.