| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.30% |
| NAV | ₹26.05 (31 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹8,237 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Axis Bank Ltd. | Financial | Fixed Deposits | 14.8% |
| Hindustan Unilever Ltd. | FMCG | Equity | 8.3% |
| Reliance Industries Ltd. | Energy | Equity | 6.5% |
| Bharti Airtel Ltd. | Communication | Equity | 6.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.8% |
| ICICI Bank Ltd. | Financial | Equity | 4.8% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.0% |
| Bank Of Baroda | Financial | Fixed Deposits | 2.1% |
| Nestle India Ltd. | FMCG | Equity | 2.0% |
| ICICI Bank Ltd. | Financial | Fixed Deposits | 1.9% |
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
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.