Fund Details
IDFC Arbitrage Fund Direct Growth
| Risk | Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.37% |
| NAV | ₹27.20 (26 Jul 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹7,161 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 | 4.2% |
| Reserve Bank of India | Financial | T-Bills | 3.6% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 3.2% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 3.1% |
| ITC Ltd. | FMCG | Equity | 2.6% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.5% |
| Reserve Bank of India | Financial | T-Bills | 2.4% |
| Tata Steel Ltd. | Metals | Equity | 2.1% |
| Reliance Industries Ltd. | Energy | Equity | 2.1% |
| Bharti Airtel Ltd. | Communication | Equity | 2.1% |
Fund Managers
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 ₹7,161 Cr and the Latest NAV as of 26 Jul 2021 is ₹27.20.
The IDFC Arbitrage Fund Direct Growth is rated 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 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.
