Fund Details
SBI Arbitrage Opportunities Fund Direct Growth
| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.45% |
| NAV | ₹27.43 (12 May 2021) |
|---|---|
| Fund Started | 11 Jan 2013 |
| Fund Size | ₹3,681 Cr |
Returns
Comparison
1. Age is more than 5 years
2. Lower expense ratio - 0.45%
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| State Bank of India | Financial | Equity | 6.1% |
| Bharti Airtel Ltd. | Communication | Equity | 6.0% |
| Reserve Bank of India | Financial | T-Bills | 5.7% |
| Grasim Industries Ltd. | Construction | Equity | 4.5% |
| ICICI Bank Ltd. | Financial | Equity | 4.2% |
| Reserve Bank of India | Financial | T-Bills | 3.6% |
| Axis Bank Ltd. | Financial | Equity | 3.2% |
| JSW Steel Ltd. | Metals | Equity | 3.1% |
| Reserve Bank of India | Financial | T-Bills | 2.9% |
| Tata Steel Ltd. | Metals | Equity | 2.7% |
Fund Managers
SBI Arbitrage Opportunities Fund Direct Growth Details
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 ₹3,681 Cr and the Latest NAV as of 12 May 2021 is ₹27.43.
The SBI Arbitrage Opportunities Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.25%, if redeemed within 1 month.
Investment Objective
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.
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.
