HDFC Arbitrage Fund Wholesale Direct Dividend Monthly is a Hybrid Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was introduced to investors on 04 Apr 2014. Krishan Daga is the Current Fund Manager of HDFC Arbitrage Fund Wholesale Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹6,457 Cr and the Latest NAV as of 24 Jan 2020 is ₹10.47.
The HDFC Arbitrage Fund Wholesale Direct Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 0.25% if redeemed within 1 month