Fund Details
IDFC Arbitrage Fund Direct IDCW Yearly
| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.37% |
| NAV | ₹11.80 (12 May 2021) |
|---|---|
| Fund Started | 05 Feb 2015 |
| Fund Size | ₹6,825 Cr |
Returns
Comparison
1. Age is more than 5 years
2. Lower expense ratio - 0.37%
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 6.7% |
| ICICI Bank Ltd. | Financial | Equity | 4.3% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.7% |
| Reserve Bank of India | Financial | T-Bills | 3.3% |
| Bharti Airtel Ltd. | Communication | Equity | 3.3% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 3.1% |
| Reserve Bank of India | Financial | T-Bills | 3.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.8% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.7% |
| ITC Ltd. | FMCG | Equity | 2.7% |
Fund Managers
IDFC Arbitrage Fund Direct IDCW Yearly Details
IDFC Arbitrage Fund Direct IDCW 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 IDCW Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹6,825 Cr and the Latest NAV as of 12 May 2021 is ₹11.80.
The IDFC Arbitrage Fund Direct IDCW Yearly is rated Low risk. Minimum SIP Investment is set to 100. Exit load of 0.25% if redeemed within 1 month
Investment Objective
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.
Tax Implications
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.
