|Min SIP Amount||₹500|
|NAV||₹16.95 (19 Apr 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹3,843 Cr|
|Bharti Airtel Ltd.||Communication||Equity||6.2%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||5.0%|
|ICICI Bank Ltd.||Financial||Equity||3.4%|
|Adani Ports and Special Economic Zone Ltd.||Services||Equity||3.4%|
|State Bank of India||Financial||Equity||3.3%|
|Tata Motors Ltd.||Automobile||Equity||3.1%|
|Bharat Petroleum Corpn. Ltd.||Energy||Equity||2.7%|
|Bajaj Housing Finance Ltd.||Financial||CP||2.5%|
|Indian Bank||Financial||ST Dep.||2.3%|
UTI Arbitrage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Kaushik Basu is the Current Fund Manager of UTI Arbitrage Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹3,843 Cr and the Latest NAV as of 19 Apr 2021 is ₹16.95.
The UTI Arbitrage Fund Direct IDCW is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 0.25% will be charged for redemption within 21 days.
The scheme seeks to generate capital appreciation through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and money market 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.