| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.45% |
| NAV | ₹26.90 (29 Oct 2020) |
|---|---|
| Fund Started | 11 Jan 2013 |
| Fund Size | ₹3,475 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 12.1% |
| 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% |
| ITC Ltd. | FMCG | Equity | 2.7% |
| Grasim Industries Ltd. | Construction | Equity | 2.6% |
SBI Arbitrage Opportunities Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 11 Jan 2013. Neeraj Kumar is the Current Fund Manager of SBI Arbitrage Opportunities Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,475 Cr and the Latest NAV as of 29 Oct 2020 is ₹26.90.
The SBI Arbitrage Opportunities Fund Direct Growth 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.