N/A

IDFC Arbitrage Fund-Direct Plan- Annual Dividend Payout

Hybrid

  

Arbitrage Fund

NAV

11.287 -0.0005

as on (01 Apr, 2020)

RETURNS

5.8 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.28 %

Benchmark

NIFTY 50 Arbitrage PR INR

Asset Size

12006.87 Cr.

(As of 30 Apr, 2019)

Risk

Moderately Low

Objective

The investment objective of the Scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunity in the cash and the derivative segments of the equity markets and the arbitrage opportunity available within the derivative segments and by investing the balance in debt and money market instruments. However there is no assurance that the investment objective of the scheme will be realized.

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Fund manager

Arpit Kapoor

(since 01 Mar, 2017)

Exit load

N / A

(If redeemed within 30 days)

Minimum sip

₹ 100

minimum investment

₹ 100

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Reliance Industries Limited December 2018 Future

6.62 %

Reliance Industries Ltd

6.59 %

Infosys Limited December 2018 Future

2.71 %

Infosys Ltd

2.69 %

Sector Allocation

About the Scheme Type

Arbitrage Fund

Arbitrage Funds provide a safer investment avenue for the investors with low risk appetite by leveraging the price difference in the cash and derivatives market to generate returns. These usually invest around 65% of their corpus in equity-related instruments and are often seen as short-term wealth generating opportunities. Since the difference between the two prices is marginal, arbitrage funds are required to execute a humongous number of trades every year to book substantial profits. While Arbitrage Funds are a good investment option when you’ve a volatile market, the fact that their expense ratio is high and the payoff is unpredictable, count for noticeable disadvantages.

Ratings

This fund is rated 0 stars by Morning Star Ratings.

N/A

Overview of IDFC Asset Management Company Limited

IDFC Asset Management Company Limited finds its roots back to 2000 when it was established and which has since gone on to become one of the largest fund houses in India (in terms of AUM). The IDFC Mutual Fund provides its services to institutional and retail investors and has developed a robust network to deliver consistent value to its investors across India. The IDFC Fund manages equity, fixed income, and balanced mutual funds for its clients and invests in public equity and fixed income markets of India. The firm obtains external research to complement its in- house research. IDFC Asset Management Company Limited operates as a subsidiary of IDFC Financial Holding Company Limited.