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Principal Arbitrage Fund Direct Growth+0.13%

2.55%
1 Year Return
Hybrid
Arbitrage
1.0star
6M
1Y
3Y
All

Fund Details

Principal Arbitrage Fund Direct Growth

RiskLow
Min SIP Amount₹500
Expense Ratio0.45%
NAV₹11.84 (20 Jan 2021)
Fund Started21 Apr 2016
Fund Size9 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
2.5%
2.1%
-
3.6%
Category Average
3.5%
5.0%
5.6%
-
Rank Within Category
23
17
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
Would have become
0
with 2.5% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.45%
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
Dr. Reddy's Laboratories Ltd.HealthcareEquity8.1%
Bharti Airtel Ltd.CommunicationEquity6.7%
Larsen & Toubro Ltd.ConstructionEquity6.2%
Infosys Ltd.TechnologyEquity5.9%
State Bank of IndiaFinancialEquity5.7%
Federal Bank Ltd.FinancialTerm Deposits5.6%
Reliance Industries Ltd.EnergyEquity5.4%
Aurobindo Pharma Ltd.HealthcareEquity5.0%
Sun Pharmaceutical Inds. Ltd.HealthcareEquity4.8%
ICICI Bank Ltd.FinancialEquity4.4%
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 ₹9 Cr and the Latest NAV as of 20 Jan 2021 is ₹11.84.

The Principal Arbitrage Fund Direct Growth is rated 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 scheme seeks 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.

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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