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ITI Arbitrage Fund Direct Growth+0.01%

3.48%
1 Year Return
Hybrid
Arbitrage
6M
1Y
All

Fund Details

ITI Arbitrage Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.25%
NAV₹10.58 (25 Jan 2021)
Fund Started08 Sep 2019
Fund Size8 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.5%
-
-
4.1%
Category Average
3.4%
5.0%
5.6%
-
Rank Within Category
20
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Would have become
0
with 3.5% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.25%
Cons
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
3. Risk-adjusted returns are lower compared to the category

Top Holdings

NameSectorInstrument% Assets
Lupin Ltd.HealthcareEquity9.8%
Infosys Ltd.TechnologyEquity9.8%
State Bank of IndiaFinancialEquity9.7%
Bharti Airtel Ltd.CommunicationEquity8.9%
Reliance Industries Ltd.EnergyEquity8.8%
Housing Development Finance Corpn. Ltd.FinancialEquity6.3%
HDFC Bank Ltd.FinancialFixed Deposits5.9%
Pidilite Industries Ltd.ChemicalsEquity5.2%
Adani Ports and Special Economic Zone Ltd.ServicesEquity2.9%
National Thermal Power Corp. Ltd.EnergyEquity2.0%
See All

Fund Managers

Vikrant Mehta
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George Heber Joseph
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Milan Mody
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ITI Arbitrage Fund Direct Growth Details

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 ₹8 Cr and the Latest NAV as of 25 Jan 2021 is ₹10.58.

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.

Investment Objective

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.

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)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 0.25%, if redeemed within 30 days.
Exit Load

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About

Address
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Phone
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Launch Date
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E-mail
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Website
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ITI Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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