Fund Details
Sundaram Arbitrage Fund Regular IDCW
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.93% |
| NAV | ₹10.52 (11 Jun 2021) |
|---|---|
| Fund Started | 05 Feb 2020 |
| Fund Size | ₹62 Cr |
Returns
Comparison
1. Lower expense ratio - 0.93%
2. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Axis Bank Ltd. | Financial | Equity | 8.5% |
| Reliance Industries Ltd. | Energy | Equity | 7.0% |
| Bharat Forge Ltd. | Automobile | Equity | 6.5% |
| Ashok Leyland Ltd. | Automobile | Equity | 5.7% |
| LIC Housing Finance Ltd. | Financial | Equity | 5.1% |
| Jindal Steel & Power Ltd. | Metals | Equity | 5.1% |
| Page Industries Ltd. | Textiles | Equity | 4.9% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.2% |
| State Bank of India | Financial | Equity | 4.1% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 3.9% |
Fund Managers
Sundaram Arbitrage Fund Regular IDCW Details
Sundaram Arbitrage Fund Regular IDCW is a Hybrid Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 05 Feb 2020. Dwijendra Srivastava is the Current Fund Manager of Sundaram Arbitrage Fund Regular IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹62 Cr and the Latest NAV as of 11 Jun 2021 is ₹10.52.
The Sundaram Arbitrage Fund Regular IDCW is rated Low to Moderate 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.
Investment Objective
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.
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.
