Principal Arbitrage Fund Direct Growth-0.02%

1
2.83%
1 Year Return
Hybrid
Arbitrage
1.0star
6M
1Y
3Y
All

Fund Details

Principal Arbitrage Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.45%
NAV11.70 (13 Aug 2020)
Fund Started21 Apr 2016
Fund Size7 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Arbitrage Fund Direct Growth
2.8%
2.6%
NA
3.7%
Category Average
4.2%
5.4%
5.8%
-
Rank within category
22
17
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with 2.8% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.42%
    Cons
    1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. 1Y Returns are lower than the category average returns
    4. 3Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Tata Motors Ltd.AutomobileEquity8.8%
    Bharti Airtel Ltd.CommunicationEquity7.5%
    Federal Bank Ltd.FinancialTerm Deposits7.3%
    Larsen & Toubro Ltd.ConstructionEquity5.9%
    State Bank of IndiaFinancialEquity5.9%
    Aurobindo Pharma Ltd.HealthcareEquity5.0%
    Dr. Reddy's Laboratories Ltd.HealthcareEquity5.0%
    Punjab National BankFinancialTerm Deposits3.7%
    JSW Steel Ltd.MetalsEquity3.5%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity3.3%
    See All

    Principal Arbitrage Fund Direct Growth Details

    Principal Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was made available to investors on 21 Apr 2016. Rajat Jain is the Current Fund Manager of Principal Arbitrage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹7 Cr and the Latest NAV as of 13 Aug 2020 is ₹11.70.

    The Principal Arbitrage Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.50% if redeemed within 30 days

    Investment Objective

    The investment objective of the Scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. There is no assurance or guarantee that the investment objective of the Scheme will be realized.

    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 30 days
    Exit Load

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    About PRINCIPAL Mutual Fund

    Address
    Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051
    Phone
    022-67720555
    Launch Date
    25 Nov 1994
    Principal Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    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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