Fund Details
Nippon India Arbitrage Fund Growth
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.01% |
| NAV | ₹20.66 (15 Jan 2021) |
|---|---|
| Fund Started | 14 Oct 2010 |
| Fund Size | ₹8,029 Cr |
Returns
Comparison
1. Age is more than 5 years
2. Risk is lower compared to the benchmark
3. 1Y Returns are higher than the benchmark
4. 3Y Returns are higher than the benchmark
5. Age is more than 5 years
6. 1Y Returns are higher than the category average returns
7. 3Y Returns are higher than the category average returns
8. 10Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Nippon India Money Market Fund Direct-Growth | Financial | Mutual Fund | 9.2% |
| ICICI Bank Ltd. | Financial | Equity | 5.5% |
| Reliance Industries Ltd. | Energy | Equity | 5.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.0% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 4.9% |
| Bharti Airtel Ltd. | Communication | Equity | 4.7% |
| Nippon India Liquid Fund Direct-Growth | Financial | Mutual Fund | 4.0% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 2.8% |
| Federal Bank Ltd. | Financial | Fixed Deposits | 2.8% |
| REC Ltd. | Financial | Debenture | 2.3% |
Fund Managers
Nippon India Arbitrage Fund Growth Details
Nippon India Arbitrage Fund Growth is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 14 Oct 2010. Payal Kaipunjal is the Current Fund Manager of Nippon India Arbitrage Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹8,029 Cr and the Latest NAV as of 15 Jan 2021 is ₹20.66.
The Nippon India Arbitrage Fund 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 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.
