| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.25% |
| NAV | ₹10.51 (21 Oct 2020) |
|---|---|
| Fund Started | 08 Sep 2019 |
| Fund Size | ₹15 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Federal Bank Ltd. | Financial | Fixed Deposits | 10.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 9.3% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 8.6% |
| Lupin Ltd. | Healthcare | Equity | 8.2% |
| Bharti Airtel Ltd. | Communication | Equity | 7.5% |
| Infosys Ltd. | Technology | Equity | 5.8% |
| Tech Mahindra Ltd. | Technology | Equity | 3.9% |
| Hero Motocorp Ltd. | Automobile | Equity | 3.9% |
| Reliance Industries Ltd. | Energy | Equity | 3.9% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.8% |
ITI Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by . This scheme was made available to investors on 08 Sep 2019. George Heber Joseph is the Current Fund Manager of ITI Arbitrage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹15 Cr and the Latest NAV as of 21 Oct 2020 is ₹10.51.
The ITI Arbitrage Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.25%, if redeemed within 30 days.
The scheme seeks to generate income by predominantly investing in arbitrage opportunities in the cash and the 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.