L&T Arbitrage Opportunities Fund Direct Growth-0.10%

3Groww
7.00%
1 Year Return
Hybrid
Arbitrage
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

L&T Arbitrage Opportunities Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.46%
NAV14.4 (23 Aug 2019)
Fund Started30 Jun 2014
Fund Size798 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Arbitrage Opportunities Fund Direct Growth
7.0%
6.8%
7.2%
7.3%
Category Average
8.7%
NA
NA
-
Rank within category
12
7
4
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.0% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    Cons
    1. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity6.1%
    Axis Bank Ltd.FinancialEquity4.9%
    ITC Ltd.FMCGEquity4.8%
    Tata Consultancy Services Ltd.TechnologyEquity4.4%
    Infosys Ltd.TechnologyEquity4.3%
    Bajaj Finance Ltd.FinancialEquity3.9%
    Reliance Industries Ltd.EnergyEquity3.7%
    Hindustan Unilever Ltd.FMCGEquity3.5%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.5%
    Larsen & Toubro Ltd.ConstructionEquity3.3%
    See All

    Fund Managers

    addVenugopal Manghat
    Education
    Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
    Experience
    Prior to joining L&T Mutual Fund he has worked with Tata Asset Management Ltd.
    Funds Managed
    addJalpan Shah
    Education
    Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
    Experience
    Prior to joining L&T, he was associated with FIL Fund Management Private Limited (Dec 2007-Nov 2012), Lotus India Asset Management Company Private Limited (Sep 2007-Nov 2007) as a Research Analyst, UTI Asset Management Company Private Limited (July 2006-Aug 2007) as a Research Analyst and UTI Asset Management Company Private Limited(May 2004-June 2006) as a Sales & Marketing Manager.
    Funds Managed
    addKaran Desai
    Education
    Mr. Desai has done Bcom from Mumbai University and Msc Investments from University of Birmingham.
    Experience
    Prior to this he was working with L&TInvestment Management,HNI & Institutional and Accounts & Taxation
    Funds Managed

    Other Details

    L&T Arbitrage Opportunities Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 30 Jun 2014. Venugopal Manghat, Praveen Ayathan, Karan Desai is the Current Fund Manager of L&T Arbitrage Opportunities Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹798 Cr and the Latest NAV as of 23 Aug 2019 is ₹14.4.

    The L&T Arbitrage Opportunities Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 0.50% if redeemed within 1 month.

    Investment Objective

    To seek to generate reasonable returns by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

    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 0.50% if redeemed within 1 month
    Exit Load

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    About L&T Mutual Fund

    Address
    6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
    Phone
    022-66554000
    Launch Date
    02 Jan 1997
    L&T Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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