Nippon India Arbitrage Fund Direct Growth-0.09%

5Groww
7.25%
1 Year Return
Hybrid
Arbitrage
5.0 star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Arbitrage Fund Direct Growth

RiskModerately Low
Min SIP Amount₹100
Expense Ratio0.51%
NAV20.36 (15 Oct 2019)
Fund Started01 Jan 2013
Fund Size9,441 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Arbitrage Fund Direct Growth
7.3%
7.0%
7.4%
7.9%
Category Average
6.9%
NA
NA
-
Rank within category
2
1
1
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.3% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 5 years
    2. Risk is lower compared to the benchmark
    3. Lower expense ratio
    4. 1Y Returns are higher than the benchmark
    5. 3Y Returns are higher than the benchmark
    6. 5Y Returns are higher than the benchmark
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialFixed Deposits11.7%
    Reliance Industries Ltd.EnergyEquity7.9%
    Tata Consultancy Services Ltd.TechnologyEquity5.2%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity3.9%
    Infosys Ltd.TechnologyEquity2.8%
    State Bank of IndiaFinancialEquity1.8%
    ITC Ltd.FMCGEquity1.5%
    JSW Steel Ltd.MetalsEquity1.5%
    Larsen & Toubro Ltd.ConstructionEquity1.4%
    Housing Development Finance Corpn. Ltd.FinancialCP1.3%
    See All

    Other Details

    Nippon India Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Payal Kaipunjal is the Current Fund Manager of Nippon India Arbitrage Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹9,441 Cr and the Latest NAV as of 15 Oct 2019 is ₹20.36.

    The Nippon India Arbitrage Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 1 month.

    Investment Objective

    The investment objective of the scheme is 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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 0.25% if redeemed within 1 month
    Exit Load

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    About Reliance Mutual Fund

    Address
    Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
    Phone
    022-33031000/30301111
    Launch Date
    29 Jun 1995
    Reliance Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
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    + ₹10,000
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