| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.32% |
| NAV | ₹11.44 (13 Aug 2020) |
|---|---|
| Fund Started | 05 Feb 2015 |
| Fund Size | ₹7,596 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Fixed Deposits | 2.7% |
| Bank Of Baroda | Financial | Fixed Deposits | 2.3% |
| ICICI Bank Ltd. | Financial | Fixed Deposits | 2.0% |
| Axis Bank Ltd. | Financial | CD | 1.2% |
| SBI Life Insurance Company Ltd. | Financial | Equity | 1.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 0.5% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 0.4% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.3% |
| Wipro Ltd. | Technology | Equity | 0.2% |
| Export-Import Bank Of India | Financial | Bonds | 0.2% |
IDFC Arbitrage Fund Direct Dividend Yearly is a Hybrid Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 05 Feb 2015. Yogik Pitti, Harshal Joshi, Arpit Kapoor is the Current Fund Manager of IDFC Arbitrage Fund Direct Dividend Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹7,596 Cr and the Latest NAV as of 13 Aug 2020 is ₹11.44.
The IDFC Arbitrage Fund Direct Dividend Yearly is rated Moderately Low risk. Minimum SIP Investment is set to 100. Exit load of 0.25% if redeemed within 1 month
The investment objective of the Scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and the 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.
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.