IDFC Arbitrage Fund Direct Growth-0.08%

3
5.16%
1 Year Return
Hybrid
Arbitrage
3.0star
6M
1Y
3Y
5Y
All

Fund Details

IDFC Arbitrage Fund Direct Growth

RiskModerately Low
Min SIP Amount₹100
Expense Ratio0.30%
NAV26.05 (31 Jul 2020)
Fund Started01 Jan 2013
Fund Size8,237 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDFC Arbitrage Fund Direct Growth
5.2%
6.5%
6.6%
7.4%
Category Average
5.3%
5.7%
6.0%
-
Rank within category
14
8
9
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 5.2% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 5 years
    2. Lower expense ratio - 0.3%
    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
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Axis Bank Ltd.FinancialFixed Deposits14.8%
    Hindustan Unilever Ltd.FMCGEquity8.3%
    Reliance Industries Ltd.EnergyEquity6.5%
    Bharti Airtel Ltd.CommunicationEquity6.2%
    Housing Development Finance Corpn. Ltd.FinancialEquity5.8%
    ICICI Bank Ltd.FinancialEquity4.8%
    Housing Development Finance Corpn. Ltd.FinancialCP3.0%
    Bank Of BarodaFinancialFixed Deposits2.1%
    Nestle India Ltd.FMCGEquity2.0%
    ICICI Bank Ltd.FinancialFixed Deposits1.9%
    See All

    Fund Managers

    addArpit Kapoor
    Education
    Mr. Kapoor is a B.Tech. from Uttar Pradesh Technical University and PGDM from IIM Kozhikode
    Experience
    Prior to joining IDFC Mutual Fund he has considerable experience in Equity markets while working with UTI Mutual Fund.
    Funds Managed
    addHarshal Joshi
    Education
    Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai
    Experience
    Prior to joining IDFC Mutual fund in 2008 he has worked with ICAP India Pvt. Ltd.
    Funds Managed

    IDFC Arbitrage Fund Direct Growth Details

    IDFC Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Yogik Pitti, Harshal Joshi, Arpit Kapoor is the Current Fund Manager of IDFC Arbitrage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹8,237 Cr and the Latest NAV as of 31 Jul 2020 is ₹26.05.

    The IDFC Arbitrage Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. Exit load of 0.25% if redeemed within 1 month

    Investment Objective

    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.

    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.

    Scheme Information Document(SID)

    ₹100
    Min for First Investment
    ₹100
    Min for Second Investment
    Exit load of 0.25% if redeemed within 1 month
    Exit Load

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    About IDFC Mutual Fund

    Address
    OneIndiaBulls Centre, 841 Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai 400013
    Phone
    022-66289999
    Launch Date
    13 Mar 2000
    Website
    NA
    IDFC Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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