Risk | Low |
---|---|
Min SIP Amount | Not Supported |
Expense Ratio | 0.37% |
NAV | ₹11.69 (02 Mar 2021) |
---|---|
Fund Started | 05 Feb 2015 |
Fund Size | ₹6,877 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
Bharti Airtel Ltd. | Communication | Equity | 4.2% |
ICICI Bank Ltd. | Financial | Equity | 3.9% |
Reserve Bank of India | Financial | T-Bills | 3.6% |
Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.5% |
Reserve Bank of India | Financial | T-Bills | 3.3% |
Reserve Bank of India | Financial | T-Bills | 2.9% |
Reserve Bank of India | Financial | T-Bills | 2.9% |
Cipla Ltd. | Healthcare | Equity | 2.7% |
Reserve Bank of India | Financial | T-Bills | 2.6% |
Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.5% |
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 ₹6,877 Cr and the Latest NAV as of 02 Mar 2021 is ₹11.69.
The IDFC Arbitrage Fund Direct Dividend Yearly is rated 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.