Fund Details
Nippon India Arbitrage Fund Direct Dividend
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.34% |
| NAV | ₹13.33 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹8,029 Cr |
Returns
Comparison
1. Age is more than 5 years
2. Lower expense ratio - 0.35%
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Nippon India Money Market Fund Direct-Growth | Financial | Mutual Fund | 9.4% |
| Bharti Airtel Ltd. | Communication | Equity | 5.2% |
| Reliance Industries Ltd. | Energy | Equity | 4.8% |
| ICICI Bank Ltd. | Financial | Equity | 4.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.7% |
| Nippon India Liquid Fund Direct-Growth | Financial | Mutual Fund | 4.1% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.1% |
| REC Ltd. | Financial | Debenture | 2.4% |
| Tata Steel Ltd. | Metals | Equity | 2.2% |
| Infosys Ltd. | Technology | Equity | 2.0% |
Fund Managers
Nippon India Arbitrage Fund Direct Dividend Details
Nippon India Arbitrage Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Payal Kaipunjal is the Current Fund Manager of Nippon India Arbitrage Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹8,029 Cr and the Latest NAV as of 25 Jan 2021 is ₹13.33.
The Nippon India Arbitrage Fund Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 1 month
Investment Objective
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.
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.
