|Min SIP Amount||₹500|
|NAV||₹11.41 (13 Jul 2020)|
|Fund Started||21 Apr 2016|
|Fund Size||₹6 Cr|
|Tata Motors Ltd.||Automobile||Equity||8.1%|
|Zee Entertainment Enterprises Ltd.||Services||Equity||6.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||6.2%|
|Aurobindo Pharma Ltd.||Healthcare||Equity||6.2%|
|State Bank of India||Financial||Equity||5.6%|
|Indusind Bank Ltd.||Financial||Equity||5.5%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||5.1%|
|Coal India Ltd.||Energy||Equity||5.1%|
|Larsen & Toubro Ltd.||Construction||Equity||4.1%|
|Axis Bank Ltd.||Financial||Equity||3.1%|
Principal Arbitrage Fund Regular 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹6 Cr and the Latest NAV as of 13 Jul 2020 is ₹11.41.
The Principal Arbitrage Fund Regular 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
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.
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.