| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.35% |
| NAV | ₹27.71 (07 Aug 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,986 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 6.3% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 6.2% |
| Bharti Airtel Ltd. | Communication | Equity | 5.3% |
| Punjab National Bank | Financial | ST Dep. | 5.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.5% |
| Indusind Bank Ltd. | Financial | Equity | 3.8% |
| ICICI Bank Ltd. | Financial | Equity | 3.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.7% |
| Vedanta Ltd. | Metals | Equity | 2.7% |
| HCL Technologies Ltd. | Technology | Equity | 2.2% |
UTI Arbitrage Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,986 Cr and the Latest NAV as of 07 Aug 2020 is ₹27.71.
The UTI Arbitrage Fund Direct Growth is rated Moderately 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 investment objective of the fund is to provide capital appreciation and dividend distribution through arbitrage opportunities arising out of price differences between the cash and derivative market by investing predominantly in equity and equity-related securities, derivatives and the balance portion in debt securities.
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.