ITI Arbitrage Fund Direct Growth

Hybrid
Arbitrage
Moderately Low Risk
3.59%
3Y annualised
+0.12% 1D
1M
6M
1Y
3Y
All
NAV: 04 Oct 2022₹11.15
Min. SIP amount₹500
Rating1
Fund size₹9.66Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA3.1%3.6%3.7%
Category averageNA3.4%3.8%NA
Rank with in categoryNA2320NA
Understand terms

Holdings (20)

NameSectorInstrumentAssets
Adani Enterprises Ltd.ServicesEquity9.9%
Adani Ports and Special Economic Zone Ltd.ServicesEquity9.8%
Bajaj Finance Ltd.FinancialEquity9.5%
Maruti Suzuki India Ltd.AutomobileEquity5.6%
Housing Development Finance Corpn. Ltd.FinancialEquity4.6%
Tata Consultancy Services Ltd.TechnologyEquity4.5%
HDFC Life Insurance Co Ltd.InsuranceEquity3.3%
Marico Ltd.Consumer StaplesEquity2.6%
ICICI Bank Ltd.FinancialEquity2.5%
Mphasis Ltd.TechnologyEquity2.3%
See All

Pros and cons

Category: Hybrid Arbitrage

Pros

Cons

Lower expense ratio: 0.22%
Lower AUM: 9Cr. Funds with lower AUM tend to have higher expense ratio
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Consistently lower annualised returns than category average for the past 1Y and 3Y
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 0.22%

Inclusive of GST

Exit load

Exit load of 0.25%, if redeemed within 30 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Vikrant Mehta
Jan 2021 - Present
View details

Education
Mr. Mehta is CFA and M.S.
Experience
Prior to joining ITI Mutual Fund, he has worked with Indiabulls AMC, Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
1800-266-9603 / 022-66214999
Launch Date
14 May 2018
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,

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