1M
6M
1Y
3Y
5Y
All
| NAV: 02 Aug 2021 | ₹13.68 |
|---|---|
| Min. SIP Amount | ₹100 |
| Rating | 5star |
|---|---|
| Fund Size | ₹12,053.56 Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 4.6% | 5.9% | 6.3% | 7.3% |
| Category average | 3.3% | 4.7% | 5.2% | NA |
| Rank with in category | 9 | 3 | 1 | NA |
Understand termsinfo
Holdings (118)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Nippon India Money Market Fund Direct-Growth | Financial | Mutual Fund | 6.4% |
Nippon India Liquid Fund Direct-Growth | Financial | Mutual Fund | 3.6% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 3.1% |
| Bharti Airtel Ltd. | Communication | Equity | 3.0% |
| Tata Steel Ltd. | Metals | Equity | 2.9% |
GOI | Sovereign | CGL | 2.7% |
| Reliance Industries Ltd. | Energy | Equity | 2.6% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 2.3% |
State Bank of India | Financial | Equity | 2.0% |
| Bharat Petroleum Corporation Ltd. | Energy | Equity | 1.7% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
- Age is more than 5 years
- Lower expense ratio - 0.34%
- 1Y Returns are higher than the category average returns
- 3Y Returns are higher than the category average returns
- 5Y Returns are higher than the category average returns
Cons
- Asset under management(AUM) is more than 10000 Crs. Returns tend to go low once AUM exceeds a certain amount
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
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.
Understand termsinfo
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹5,000 |
| 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
| Rank (total assets) | #6 in India |
|---|---|
| Total AUM | 2,30,092.13 Cr |
| Date of Incorporation | 30 Jun 1995 |
|---|
Nippon India Arbitrage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investo
Nippon India Arbitrage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Payal Kaipunjal is the Current Fund Manager of Nippon India Arbitrage Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹2,30,092 Cr and the Latest NAV as of 02 Aug 2021 is ₹13.68.
The Nippon India Arbitrage Fund Direct IDCW is rated Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 1 month
...Read more
Investment Objective
The scheme seeks to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and
The scheme seeks to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments.
...Read more
| Fund benchmark | NIFTY 50 Arbitrage |
|---|
Fund house contact details
Address
Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
Phone
022-33031000/30301111
Launch Date
30 Jun 1995
E-mail
[email protected]Website
NA
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,
Email
[email protected]Website
www.karvymfs.comCompare funds
Nippon India Arbitrage Fund Direct IDCW
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