1M
6M
1Y
3Y
5Y
All
| NAV: 25 Oct 2021 | ₹13.80 |
| Min. SIP amount | ₹100 |
| Rating | 5star |
| Fund size | ₹12,450.91 Cr |
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 | 4.4% | 5.6% | 6.1% | 7.2% |
| Category average | 3.3% | 4.7% | 5.2% | NA |
| Rank with in category | 8 | 2 | 2 | NA |
Understand termsinfo
Holdings (124)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Nippon India Money Market Fund Direct-Growth | Financial | Mutual Fund | 6.3% |
Nippon India Liquid Fund Direct-Growth | Financial | Mutual Fund | 3.5% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 3.3% |
GOI | Sovereign | CGL | 3.1% |
Nippon India Low Duration Fund Direct-Growth | Financial | Mutual Fund | 2.8% |
Tata Steel Ltd. | Metals | Equity | 2.7% |
Grasim Industries Ltd. | Construction | Equity | 2.3% |
JSW Steel Ltd. | Metals | Equity | 2.1% |
Housing Development Finance Corpn. Ltd.-Warrant | Financial | CP | 1.8% |
Bajaj Finance Ltd. | Financial | Equity | 1.8% |
See All
Disclaimer
This content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
infoCategory: Hybrid Arbitrage
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Pros
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 2.16
The fund has generated returns higher than benchmark - NIFTY 50 Arbitrage TRI - in the last 3Y
Lower expense ratio: 0.34%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
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Cons
Higher AUM: 12450Cr.
Funds with a higher AUM tend to have lower returns in the future
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.
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2021 - Present
0.34%
31 Aug 2021 - 30 Sep 2021
0.34%
31 Jul 2021 - 31 Aug 2021
0.34%
30 Jun 2021 - 31 Jul 2021
0.34%
31 May 2021 - 30 Jun 2021
0.34%
30 Apr 2021 - 31 May 2021
0.34%
31 Mar 2021 - 30 Apr 2021
0.34%
28 Feb 2021 - 31 Mar 2021
0.34%
31 Jan 2021 - 28 Feb 2021
0.34%
31 Dec 2020 - 31 Jan 2021
0.34%
30 Nov 2020 - 31 Dec 2020
0.34%
31 Oct 2020 - 30 Nov 2020
0.35%
30 Sep 2020 - 31 Oct 2020
0.35%
31 Aug 2020 - 30 Sep 2020
0.35%
31 Jul 2020 - 31 Aug 2020
0.31%
30 Jun 2020 - 31 Jul 2020
0.31%
31 May 2020 - 30 Jun 2020
0.31%
30 Apr 2020 - 31 May 2020
0.16%
31 Mar 2020 - 30 Apr 2020
0.02%
29 Feb 2020 - 31 Mar 2020
0.15%
31 Jan 2020 - 29 Feb 2020
0.34%
31 Dec 2019 - 31 Jan 2020
0.51%
30 Nov 2019 - 31 Dec 2019
0.51%
31 Oct 2019 - 30 Nov 2019
0.51%
30 Sep 2019 - 31 Oct 2019
0.51%
31 Aug 2019 - 30 Sep 2019
0.51%
31 Jul 2019 - 31 Aug 2019
0.34%
30 Jun 2019 - 31 Jul 2019
0.34%
31 May 2019 - 30 Jun 2019
0.34%
30 Apr 2019 - 31 May 2019
0.34%
31 Mar 2019 - 30 Apr 2019
0.34%
28 Feb 2019 - 31 Mar 2019
0.34%
31 Jan 2019 - 28 Feb 2019
0.34%
31 Dec 2018 - 31 Jan 2019
0.34%
30 Nov 2018 - 31 Dec 2018
0.35%
31 Oct 2018 - 30 Nov 2018
0.35%
30 Sep 2018 - 31 Oct 2018
0.35%
31 Aug 2018 - 30 Sep 2018
0.35%
31 Jul 2018 - 31 Aug 2018
0.46%
30 Jun 2018 - 31 Jul 2018
0.47%
31 May 2018 - 30 Jun 2018
0.40%
30 Apr 2018 - 31 May 2018
0.40%
31 Mar 2018 - 30 Apr 2018
0.38%
28 Feb 2018 - 31 Mar 2018
0.39%
31 Jan 2018 - 28 Feb 2018
0.40%
31 Dec 2017 - 31 Jan 2018
0.39%
30 Nov 2017 - 31 Dec 2017
0.40%
31 Oct 2017 - 30 Nov 2017
0.40%
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
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| 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 25 Oct 2021 is ₹13.80.
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 TRI |
|---|
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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