|Min SIP Amount||₹100|
|NAV||₹10.15 (02 Jul 2020)|
|Fund Started||05 Feb 2020|
|Fund Size||₹95 Cr|
|ICICI Bank Ltd.||Financial||Equity||10.0%|
|Bharti Airtel Ltd.||Communication||Equity||9.7%|
|Divi's Laboratories Ltd.||Healthcare||Equity||6.3%|
|Indian Oil Corpn. Ltd.||Energy||Equity||5.3%|
|HDFC Bank Ltd.||Financial||Fixed Deposits||5.2%|
|Federal Bank Ltd.||Financial||Equity||4.5%|
|National Thermal Power Corp. Ltd.||Energy||Equity||3.5%|
|Bajaj Finserv Ltd.||Financial||Equity||3.4%|
Sundaram Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 05 Feb 2020. S Bharath is the Current Fund Manager of Sundaram Arbitrage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹95 Cr and the Latest NAV as of 02 Jul 2020 is ₹10.15.
The Sundaram Arbitrage Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. For units more than 25% of the investments, an exit load of 0.25% if redeemed within 15 days.
The Scheme seeks to generate income with minimal volatility by investing in equity, arbitrage strategies which fully offset the equity exposure and investments in debt 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.