Nippon India Arbitrage Fund Direct Growth+0.26%

4
6.81%
1 Year Return
Hybrid
Arbitrage
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Arbitrage Fund Direct Growth

RiskModerately Low
Min SIP Amount₹100
Expense Ratio0.16%
NAV21.25 (29 May 2020)
Fund Started01 Jan 2013
Fund Size7,068 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Arbitrage Fund Direct Growth
6.8%
7.2%
7.0%
7.8%
Category Average
5.5%
5.8%
6.1%
-
Rank within category
7
1
2
-
*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
    0
    with 6.8% 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 Deposits7.1%
    Nippon India Money Market Fund Direct-GrowthFinancialMutual Fund6.7%
    Housing Development Finance Corpn. Ltd.FinancialEquity6.3%
    Reliance Industries Ltd.EnergyEquity5.3%
    Hindustan Unilever Ltd.FMCGEquity5.1%
    Infosys Ltd.TechnologyEquity4.8%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity3.1%
    Bharti Airtel Ltd.CommunicationEquity3.0%
    Tata Consultancy Services Ltd.TechnologyEquity2.9%
    Bajaj Finance Ltd.FinancialEquity2.3%
    See All

    Fund Managers

    addAnju Chhajer
    Education
    Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
    Experience
    Prior to joining Reliance Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
    Funds Managed

    Nippon India Arbitrage Fund Direct Growth Details

    Nippon India Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Reliance 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 ₹7,068 Cr and the Latest NAV as of 29 May 2020 is ₹21.25.

    The Nippon India Arbitrage Fund Direct Growth 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 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
    30 Jun 1995
    Reliance 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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