|Min SIP Amount||₹500|
|NAV||₹14.40 (04 Aug 2020)|
|Fund Started||21 Feb 2013|
|Fund Size||₹5,046 Cr|
|Reliance Industries Ltd.||Energy||Equity||10.6%|
|Bharti Airtel Ltd.||Communication||Equity||8.1%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||4.9%|
|State Bank of India||Financial||Equity||3.5%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||3.2%|
|Axis Bank Ltd.||Financial||Equity||2.8%|
|Hindustan Unilever Ltd.||FMCG||Equity||2.2%|
|Sun Pharmaceutical Inds. Ltd.||Healthcare||Equity||2.2%|
SBI Arbitrage Opportunities Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 21 Feb 2013. Neeraj Kumar is the Current Fund Manager of SBI Arbitrage Opportunities Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹5,046 Cr and the Latest NAV as of 04 Aug 2020 is ₹14.40.
The SBI Arbitrage Opportunities Fund Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.25%, if redeemed within 1 month.
To provide capital appreciation and regular income for unitholders by identifying profitable arbitrage opportunities between the spot and derivative market segments as also through investment of surplus cash in debt and money market instruments.
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.