Fund Details
Indiabulls Arbitrage Fund Direct Dividend Quarterly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.42% |
| NAV | ₹11.58 (27 Nov 2020) |
|---|---|
| Fund Started | 01 Mar 2017 |
| Fund Size | ₹18 Cr |
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.42%
2. 1Y Returns are higher than the category average returns
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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| AU Small Finance Bank Ltd. | Financial | Fixed Deposits | 22.8% |
| Adani Enterprises Ltd. | Services | Equity | 9.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 8.2% |
| Reliance Industries Ltd. | Energy | Equity | 7.7% |
| Bharti Airtel Ltd. | Communication | Equity | 4.1% |
| ICICI Bank Ltd. | Financial | Equity | 4.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.9% |
| Indusind Bank Ltd. | Financial | Equity | 2.9% |
| Indian Oil Corpn. Ltd. | Energy | Equity | 2.8% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.8% |
Fund Managers
Indiabulls Arbitrage Fund Direct Dividend Quarterly Details
Indiabulls Arbitrage Fund Direct Dividend 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 Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹18 Cr and the Latest NAV as of 27 Nov 2020 is ₹11.58.
The Indiabulls Arbitrage Fund Direct Dividend Quarterly is rated Moderately 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.
