Fund Details
ITI Arbitrage Fund Direct Growth
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.25% |
| NAV | ₹10.58 (25 Jan 2021) |
|---|---|
| Fund Started | 08 Sep 2019 |
| Fund Size | ₹8 Cr |
Returns
Comparison
1. Lower expense ratio - 0.25%
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
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Lupin Ltd. | Healthcare | Equity | 9.8% |
| Infosys Ltd. | Technology | Equity | 9.8% |
| State Bank of India | Financial | Equity | 9.7% |
| Bharti Airtel Ltd. | Communication | Equity | 8.9% |
| Reliance Industries Ltd. | Energy | Equity | 8.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.3% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 5.9% |
| Pidilite Industries Ltd. | Chemicals | Equity | 5.2% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 2.9% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 2.0% |
Fund Managers
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.
