Nippon India Arbitrage Fund Direct IDCW Monthly

Hybrid
Arbitrage
Low Risk
Payout
6.17%
3Y annualised
+0.09% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Mar 2024₹13.64
Min. SIP amount₹100
Rating4
Fund size₹13,853.85Cr

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 returns8.4%6.2%6.0%7.0%
Category average7.5%5.2%5.0%NA
Rank with in category965NA
Understand terms

Holdings (293)

NameSectorInstrumentAssets
Nippon India Money Market Fund Direct-Growth
NAMutual Fund7.28%
Nippon India Liquid Fund Direct-Growth
NAMutual Fund6.90%
FinancialEquity5.99%
FinancialEquity3.24%
ServicesEquity3.21%
ServicesEquity2.49%
FinancialEquity2.13%
EnergyEquity1.97%
HDFC Bank Ltd.
FinancialCD1.80%
Nippon India Low Duration Fund Direct-Growth
NAMutual Fund1.77%
See All

Expense ratio, exit load and tax

Expense ratio: 0.38%

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

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
NA
Launch Date
30 Jun 1995
E-mail
NA
Website
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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