IDFC Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Yogik Pitti, Harshal Joshi, Arpit Kapoor is the Current Fund Manager of IDFC Arbitrage Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹11,944 Cr and the Latest NAV as of 24 Jan 2020 is ₹25.46.
The IDFC Arbitrage Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 0.25% if redeemed within 1 month