| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.35% |
| NAV | ₹10.69 (07 Jul 2020) |
|---|---|
| Fund Started | 04 Apr 2014 |
| Fund Size | ₹5,666 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Federal Bank Ltd. | Financial | Fixed Deposits | 13.2% |
| Bharti Airtel Ltd. | Communication | Equity | 6.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.4% |
| Hindustan Unilever Ltd. | FMCG | Equity | 5.9% |
| Punjab National Bank | Financial | Fixed Deposits | 4.2% |
| ICICI Bank Ltd. | Financial | Equity | 3.7% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.7% |
| Punjab & Sind Bank | Financial | CD | 3.4% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 3.1% |
| AU Small Finance Bank Ltd. | Financial | Fixed Deposits | 2.9% |
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 ₹5,666 Cr and the Latest NAV as of 07 Jul 2020 is ₹10.69.
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
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.