IDFC Arbitrage Fund Direct Growth-0.03%

4Groww
7.04%
1 Year Return
Hybrid
Arbitrage
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

IDFC Arbitrage Fund Direct Growth

RiskModerately Low
Min SIP Amount₹100
Expense Ratio0.39%
NAV25.19 (15 Nov 2019)
Fund Started01 Jan 2013
Fund Size10,891 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDFC Arbitrage Fund Direct Growth
7.0%
6.8%
7.1%
7.7%
Category Average
6.9%
NA
NA
-
Rank within category
1
4
8
-
*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 7.0% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 5 years
    2. Risk is lower compared to the benchmark
    3. Lower expense ratio
    4. 1Y Returns are higher than the benchmark
    5. 3Y Returns are higher than the benchmark
    6. 5Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is more than 10000 Crs. Returns tend to go low once AUM exceeds a certain amount
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Axis Bank Ltd.FinancialFixed Deposits8.9%
    HDFC Bank Ltd.FinancialFixed Deposits4.5%
    Reliance Industries Ltd.EnergyEquity3.8%
    Infosys Ltd.TechnologyEquity3.6%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.0%
    Axis Bank Ltd.FinancialEquity2.7%
    ICICI Bank Ltd.FinancialFixed Deposits2.5%
    Housing Development Finance Corpn. Ltd.FinancialNCD2.2%
    ICICI Bank Ltd.FinancialEquity2.1%
    Indusind Bank Ltd.FinancialEquity2.1%
    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

    Other Details

    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 ₹10,891 Cr and the Latest NAV as of 15 Nov 2019 is ₹25.19.

    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.

    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

    Compare Funds

    IDFC Arbitrage Fund Direct Growth
    VS
    search

    About IDFC Mutual Fund

    Address
    OneIndiaBulls Centre, 841 Jupiter Mills Compound, Senapati Bapat Marg, Elphinstone Road (West), Mumbai 400013
    Phone
    022-66289999
    Launch Date
    12 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,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
    Similar Funds
    Data not available
    ⓒ 2019 Billionbrains Garage Ventures Pvt Ltd