Indiabulls Arbitrage Fund Direct Dividend Quarterly is a Hybrid Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was introduced to investors on 01 Mar 2017. Malay Shah, Sumit Bhatnagar is the Current Fund Manager of Indiabulls Arbitrage Fund Direct Dividend Quarterly.The fund currently has an Asset Under Management(AUM) of ₹36 Cr and the Latest NAV as of 17 Jan 2020 is ₹11.24.
The Indiabulls Arbitrage Fund Direct Dividend Quarterly is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 500. Exit load of 025% if redeemed within 1 month.
Investment Objective
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. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.
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.
Scheme Information Document(SID)
₹500
Min for First Investment
₹500
Min for Second Investment
Exit load of 025% if redeemed within 1 month
Exit Load