Indiabulls Arbitrage Fund Direct Dividend Yearly-0.03%

3Groww
6.90%
1 Year Return
Hybrid
Arbitrage
3.0 star
6M
1Y
3Y
All

Fund Details

Indiabulls Arbitrage Fund Direct Dividend Yearly

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.46%
NAV11.0 (20 Aug 2019)
Fund Started01 Mar 2017
Fund Size37 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Indiabulls Arbitrage Fund Direct Dividend Yearly
6.9%
6.6%
NA
7.3%
Category Average
8.7%
NA
NA
-
Rank within category
15
11
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    30
    with 6.9% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity5.6%
    Housing Development Finance Corpn. Ltd.FinancialEquity4.1%
    Ashok Leyland Ltd.AutomobileEquity4.1%
    Century Textiles & Inds. Ltd.DiversifiedEquity4.0%
    ACC Ltd.ConstructionEquity3.5%
    ITC Ltd.FMCGEquity3.5%
    Hero Motocorp Ltd.AutomobileEquity1.4%
    Hero Motocorp Ltd.AutomobileFutures-1.4%
    ACC Ltd.ConstructionFutures-3.5%
    Ashok Leyland Ltd.AutomobileFutures-3.9%
    See All

    Fund Managers

    addVikrant Mehta
    Education
    Mr. Mehta is CFA and M.S.
    Experience
    Prior to joining Indiabulls AMC he has worked with AIG Global Asset Management Company (India) Pvt. Ltd., AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
    Funds Managed
    addMalay Shah
    Education
    Mr. Shah is a B.Com and MMS.
    Experience
    Prior to this, he has worked as Head- Fixed Income with Peerless Funds Management Co. Ltd.and as Senior Dealer - Fixed Income Group with Derivium Capital..
    Funds Managed
    addVeekesh Gandhi
    Education
    Mr. Gandhi has done MBA & M.Com
    Experience
    Prior to joining Indiabulls Mutual Fund, he has worked with DSP Merrill Lynch Ltd. as Equity Research Analyst, SSKI Securities as Banking and Strategy Analyst and Motilal Oswal Securities as Equity Research Analyst.
    Funds Managed

    Other Details

    Indiabulls Arbitrage Fund Direct Dividend Yearly 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 Yearly.The fund currently has an Asset Under Management(AUM) of ₹37 Cr and the Latest NAV as of 20 Aug 2019 is ₹11.0.

    The Indiabulls Arbitrage Fund Direct Dividend Yearly 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

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    About Indiabulls Mutual Fund

    Address
    11th Floor, Indiabulls Finance Centre Tower-1, Senapati Bapat Marg, Elphinstone (West) Mumbai - 400013.
    Phone
    022-61891300
    Launch Date
    23 Mar 2011
    Indiabulls Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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