Fund Details
Indiabulls Arbitrage Fund Direct IDCW Quarterly
| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.42% |
| NAV | ₹11.74 (14 May 2021) |
|---|---|
| Fund Started | 01 Mar 2017 |
| Fund Size | ₹15 Cr |
Returns
Comparison
1. Age is more than 5 years
2. Lower expense ratio - 0.42%
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.9% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.8% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 4.4% |
| Marico Ltd. | FMCG | Equity | 4.3% |
| ICICI Bank Ltd. | Financial | Equity | 3.7% |
| Indian Oil Corpn. Ltd. | Energy | Equity | 3.5% |
| SBI Life Insurance Company Ltd. | Financial | Equity | 3.5% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.4% |
| Lupin Ltd. | Healthcare | Equity | 2.9% |
Fund Managers
Indiabulls Arbitrage Fund Direct IDCW Quarterly Details
Indiabulls Arbitrage Fund Direct IDCW Quarterly is a Hybrid Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 01 Mar 2017. Malay Shah, Sumit Bhatnagar is the Current Fund Manager of Indiabulls Arbitrage Fund Direct IDCW Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹15 Cr and the Latest NAV as of 14 May 2021 is ₹11.74.
The Indiabulls Arbitrage Fund Direct IDCW Quarterly is rated Low risk. Minimum SIP Investment is set to 1000. Exit load of 025% if redeemed within 1 month
Investment Objective
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.
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.
