|Min SIP Amount||₹1000|
|NAV||₹14.69 (22 Jan 2021)|
|Fund Started||19 Dec 2014|
|Fund Size||₹17 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||9.6%|
|Reliance Industries Ltd.||Energy||Equity||7.7%|
|Larsen & Toubro Ltd.||Construction||Equity||4.0%|
|Mahindra & Mahindra Ltd.||Automobile||Equity||3.6%|
|SBI Life Insurance Company Ltd.||Financial||Equity||3.2%|
|Indian Oil Corpn. Ltd.||Energy||Equity||3.2%|
|Grasim Industries Ltd.||Construction||Equity||3.2%|
|Tata Motors Ltd.||Automobile||Equity||3.1%|
|ICICI Bank Ltd.||Financial||Equity||3.1%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.0%|
Indiabulls Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 19 Dec 2014. Malay Shah, Sumit Bhatnagar is the Current Fund Manager of Indiabulls Arbitrage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹17 Cr and the Latest NAV as of 22 Jan 2021 is ₹14.69.
The Indiabulls Arbitrage Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 500. Exit load of 025% if redeemed within 1 month
The scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and 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.