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Nippon India Arbitrage Fund Direct Growth+0.06%

4.19%
1 Year Return
Hybrid
Arbitrage
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Arbitrage Fund Direct Growth

RiskLow
Min SIP Amount₹100
Expense Ratio0.34%
NAV₹21.96 (12 May 2021)
Fund Started01 Jan 2013
Fund Size11,038 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.2%
6.0%
6.4%
7.4%
Category Average
3.3%
4.9%
5.5%
-
Rank Within Category
5
2
1
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.2% returns per annum

Comparison

Data not available
Pros
1. Age is more than 5 years
2. Lower expense ratio - 0.34%
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
Cons
1. Asset under management(AUM) is more than 10000 Crs. Returns tend to go low once AUM exceeds a certain amount

Top Holdings

NameSectorInstrument% Assets
Nippon India Money Market Fund Direct-GrowthFinancialMutual Fund7.5%
ICICI Bank Ltd.FinancialEquity4.6%
Tata Steel Ltd.MetalsEquity4.3%
Nippon India Liquid Fund Direct-GrowthFinancialMutual Fund4.2%
Bharti Airtel Ltd.CommunicationEquity2.9%
State Bank of IndiaFinancialEquity2.9%
Indusind Bank Ltd.FinancialEquity2.7%
Sun Pharmaceutical Inds. Ltd.HealthcareEquity2.7%
Grasim Industries Ltd.ConstructionEquity2.5%
Housing Development Finance Corpn. Ltd.FinancialEquity2.5%
See All

Fund Managers

Anju Chhajer
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Anand Devendra Gupta
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Nippon India Arbitrage Fund Direct Growth Details

Nippon India Arbitrage Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹11,038 Cr and the Latest NAV as of 12 May 2021 is ₹21.96.

The Nippon India Arbitrage Fund Direct Growth 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

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.

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 Nippon India 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
30 Jun 1995
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,
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