Home>Mutual Funds>Nippon India Mutual Fund>Nippon India Arbitrage Fund Direct IDCW Monthly

Nippon India Arbitrage Fund Direct IDCW Monthly

Hybrid
Arbitrage
Low Risk
Payout
5.59%
3Y annualised
+0.05% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 19 Oct 2021₹11.71
Min. SIP amount₹100
Rating5star
Fund size₹12,450.91 Cr

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.5%5.6%6.1%7.2%
Category average3.3%4.7%5.2%NA
Rank with in category821NA
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Holdings (124)

NameSectorInstrumentAssets
Nippon India Money Market Fund Direct-Growth
FinancialMutual Fund6.3%
Nippon India Liquid Fund Direct-Growth
FinancialMutual Fund3.5%
ServicesEquity3.3%
GOI
SovereignCGL3.1%
Nippon India Low Duration Fund Direct-Growth
FinancialMutual Fund2.8%
MetalsEquity2.7%
ConstructionEquity2.3%
MetalsEquity2.1%
Housing Development Finance Corpn. Ltd.-Warrant
FinancialCP1.8%
FinancialEquity1.8%
See All

Pros and cons

info
Category: 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

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
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Anand Devendra Gupta
Sep 2018 - Present
View details
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Fund house & investment objective

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Fund house contact details

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