|Min SIP Amount||₹500|
|NAV||₹14.53 (27 Oct 2020)|
|Fund Started||21 Feb 2013|
|Fund Size||₹3,475 Cr|
|Reliance Industries Ltd.||Energy||Equity||10.4%|
|Bharti Airtel Ltd.||Communication||Equity||8.0%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||6.1%|
|State Bank of India||Financial||Equity||5.3%|
|ICICI Bank Ltd.||Financial||Equity||3.3%|
|Axis Bank Ltd.||Financial||Equity||3.2%|
|TMF Holdings Ltd.||Financial||CP||2.9%|
|Grasim Industries Ltd.||Construction||Equity||2.6%|
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 ₹3,475 Cr and the Latest NAV as of 27 Oct 2020 is ₹14.53.
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.
The scheme will invest 65 to 85 per cent of its assets in equities and equity derivatives and the rest in debt and money market instruments. It will invest in stocks and would offset its investment in stocks by simultaneous equivalent investment in equity derivatives.
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.