| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.32% |
| NAV | ₹11.56 (30 Oct 2020) |
|---|---|
| Fund Started | 05 Feb 2015 |
| Fund Size | ₹7,164 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Axis Bank Ltd. | Financial | Fixed Deposits | 9.1% |
| Reliance Industries Ltd. | Energy | Equity | 5.5% |
| ICICI Bank Ltd. | Financial | Equity | 5.5% |
| Hindustan Unilever Ltd. | FMCG | Equity | 5.1% |
| Bharti Airtel Ltd. | Communication | Equity | 5.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.9% |
| ITC Ltd. | FMCG | Equity | 2.6% |
| Bank Of Baroda | Financial | Fixed Deposits | 2.5% |
| Tech Mahindra Ltd. | Technology | Equity | 2.4% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 1.8% |
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 ₹7,164 Cr and the Latest NAV as of 30 Oct 2020 is ₹11.56.
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 scheme aims 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.