| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.42% |
| NAV | ₹27.96 (22 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹3,105 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 8.0% |
| Bharti Airtel Ltd. | Communication | Equity | 5.3% |
| ICICI Bank Ltd. | Financial | Equity | 5.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.6% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 4.0% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 2.6% |
| Indusind Bank Ltd. | Financial | Equity | 2.4% |
| Tata Motors Ltd. | Automobile | Equity | 2.3% |
| Indian Bank | Financial | ST Dep. | 2.2% |
| Corporation Bank | Financial | ST Dep. | 2.1% |
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 ₹3,105 Cr and the Latest NAV as of 22 Oct 2020 is ₹27.96.
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 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.