Nippon India Arbitrage Fund Direct IDCW

Hybrid
Arbitrage
Low Risk
Payout
4.87%
3Y annualised
-0.10% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Mar 2023₹14.84
Min. SIP amount₹100
Rating4
Fund size₹9,234.36Cr

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
1Y3Y5YAll
Fund returns5.5%4.9%5.7%6.9%
Category average4.6%3.8%4.6%NA
Rank with in category642NA
Understand terms

Holdings (120)

NameSectorInstrumentAssets
Nippon India Money Market Fund Direct-Growth
FinancialMutual Fund7.1%
Nippon India Liquid Fund Direct-Growth
FinancialMutual Fund5.1%
Nippon India Low Duration Fund Direct-Growth
FinancialMutual Fund4.1%
ICICI Bank Ltd.FinancialEquity3.5%
Kotak Mahindra Bank Ltd.FinancialEquity3.5%
Housing Development Finance Corporation Ltd.FinancialEquity3.1%
HDFC Bank Ltd.FinancialEquity2.8%
Reliance Industries Ltd.EnergyEquity2.5%
Tata Consultancy Services Ltd.TechnologyEquity2.5%
Adani Ports and Special Economic Zone Ltd.ServicesEquity2.2%
See All

Expense ratio, exit load and tax

Expense ratio: 0.21%

Inclusive of GST

Exit load

Exit load of 0.25% if redeemed within 1 month

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₹100

Fund management

Anju Chhajer
Feb 2020 - Present
View details

Education
Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
Experience
Prior to joining Nippon India Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
Also manages these schemes

Anand Devendra Gupta
Sep 2018 - Present
View details

Education
Mr. Gupta is B.Com and PGDBA
Experience
Prior to joining Nippon India Mutual Fund he has worked with ICICI Prudential AMC and Refco - Sify Securities Pvt. Ltd.
Also manages these schemes

Akshay Sharma
Dec 2022 - Present
View details

Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg,Lower Parel (W), Mumbai 400013
Phone
022-68334800 / 18602660111
Launch Date
30 Jun 1995
Website
NA
Nippon India 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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