| NAV: 30 Jun 2022 | ₹12.09 |
| Min. SIP amount | ₹100 |
| Rating | 4 |
| Fund size | ₹11,068.78Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 4.4% | 5.0% | 5.8% | 7.0% |
| Category average | 3.3% | 4.7% | 5.2% | NA |
| Rank with in category | 6 | 5 | 2 | NA |
Holdings (114)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Nippon India Money Market Fund Direct-Growth | Financial | Mutual Fund | 7.3% |
| HDFC Bank Ltd. | Financial | Equity | 5.2% |
| Reliance Industries Ltd. | Energy | Equity | 4.5% |
Nippon India Liquid Fund Direct-Growth | Financial | Mutual Fund | 4.1% |
Nippon India Low Duration Fund Direct-Growth | Financial | Mutual Fund | 3.3% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 3.3% |
| Adani Enterprises Ltd. | Services | Equity | 2.9% |
| HCL Technologies Ltd. | Technology | Equity | 2.9% |
GOI | Sovereign | GOI Sec | 2.9% |
| Indusind Bank Ltd. | Financial | Equity | 2.8% |
Pros and cons
Pros
Cons
Expense ratio, exit load and tax
Expense ratio: 0.34%
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.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Anju ChhajerFeb 2020 - PresentView details
Anand Devendra GuptaSep 2018 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in Nippon India Arbitrage Fund Direct IDCW Monthly?
You can easily invest in Nippon India Arbitrage Fund Direct IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for Nippon India Arbitrage Fund Direct IDCW Monthly from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in Nippon India Arbitrage Fund Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Nippon India Arbitrage Fund Direct IDCW Monthly provide?
The Nippon India Arbitrage Fund Direct IDCW Monthly has been there from 31 Mar 2014 and the average annual returns provided by this fund is 4.37% since its inception.
How much expense ratio is charged by Nippon India Arbitrage Fund Direct IDCW Monthly?
The term
Expense Ratio used for Nippon India Arbitrage Fund Direct IDCW Monthly or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of Nippon India Arbitrage Fund Direct IDCW Monthly is 0.34% as of 01 Jul 2022...
What is the AUM of Nippon India Arbitrage Fund Direct IDCW Monthly?
The AUM, short for Assets Under Management of Nippon India Arbitrage Fund Direct IDCW Monthly is ₹11,068.78Cr as of 01 Jul 2022.
How to Redeem Nippon India Arbitrage Fund Direct IDCW Monthly?
If you want to sell your Nippon India Arbitrage Fund Direct IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Nippon India Arbitrage Fund Direct IDCW Monthly?
What is the NAV of Nippon India Arbitrage Fund Direct IDCW Monthly?
The NAV of Nippon India Arbitrage Fund Direct IDCW Monthly is ₹12.09 as of 30 Jun 2022.
