Home>Mutual Funds>ITI Mutual Fund>ITI Arbitrage Fund Direct Growth
shareSHARE

ITI Arbitrage Fund Direct Growth-0.03%

3.13%
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₹10.69 (14 May 2021)
Fund Started08 Sep 2019
Fund Size19 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.1%
-
-
3.9%
Category Average
3.3%
4.9%
5.5%
-
Rank Within Category
20
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Would have become
0
with 3.1% 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. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Tata Consultancy Services Ltd.TechnologyEquity6.8%
Infosys Ltd.TechnologyEquity6.7%
Housing Development Finance Corpn. Ltd.FinancialEquity5.8%
Bharti Airtel Ltd.CommunicationEquity5.7%
Tata Steel Ltd.MetalsEquity5.5%
ICICI Bank Ltd.FinancialEquity5.3%
UPL Ltd.ChemicalsEquity5.0%
Tata Motors Ltd.AutomobileEquity3.3%
Adani Ports and Special Economic Zone Ltd.ServicesEquity3.1%
State Bank of IndiaFinancialEquity2.6%
See All

Fund Managers

Vikrant Mehta
keyboard_arrow_down
George Heber Joseph
keyboard_arrow_down
Milan Mody
keyboard_arrow_down

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 ₹19 Cr and the Latest NAV as of 14 May 2021 is ₹10.69.

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

Compare Funds

ITI Arbitrage Fund Direct Growth
VS
search

About

Address
NA
Phone
NA
Launch Date
NA
E-mail
NA
Website
NA
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,
Loading...
Similar Funds
ⓒ 2016-2021 Groww. All rights reserved, Built with in India