N/A

Aditya Birla Sun Life Arbitrage Fund Growth Direct Plan

Hybrid

  

Arbitrage Fund

NAV

20.935 + 0.0016

as on (03 Apr, 2020)

RETURNS

6.67 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

0.27 %

Benchmark

NIFTY 50 Arbitrage PR INR

Asset Size

5676.81 Cr.

(As of 30 Apr, 2019)

Risk

Moderate

Objective

An Open ended Equity Scheme with an investment objective to generate income by investing predominantly in equity and equity related instruments. Scheme intends to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Futures).

app screenshot
Google play store download image   Apple app store download image

Fund manager

Lovelish Solanki

(since 15 Dec, 2014)

Exit load

1 %

(If redeemed within 30 days)

Minimum sip

₹ 1000

minimum investment

₹ 1000

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

Jswsteel_(27/12/2018)

4.08 %

JSW Steel Ltd Shs Dematerialised

4.06 %

Auropharma_(27/12/2018)

3.85 %

Aurobindo Pharma Ltd

3.83 %

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 Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Limited (formerly known as Birla Sun Life Asset Management Company Limited), the investment manager of Aditya Birla Sun Life Mutual Fund (formerly known as Birla Sun Life Mutual Fund), is a joint venture between the Aditya Birla Group and the Sun Life Financial Inc. of Canada. The joint venture brings together the Aditya Birla Group's experience in the Indian market and Sun Life's global experience. Aditya Birla Sun Life Mutual Fund (ABSLMF) was established in 1994 and is co-sponsored by Aditya Birla Capital Limited (ABCL) and Sun Life (India) AMC Investments Inc. The Aditya Birla Sun Life Mutual Fund is one of the leading Fund Houses in India based on domestic average AUM as published by the Association of Mutual Funds of India (AMFI). The Aditya Birla Mutual Fund has total domestic assets under management (AUM) of close to Rs. 2423 billion (Quarter ended December 31st, 2018). The fund house has an extraordinary mix of reach, a wide range of product offerings across equity, debt, balanced as well as structured asset classes and sound investment performance, with around 6.8 million investor folios (as of December 31st, 2018).