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 ₹799 Cr and the Latest NAV as of 20 Jan 2020 is ₹14.69.
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