Aditya Birla Sun Life Arbitrage Fund Direct Growth

Aditya Birla Sun Life Arbitrage Fund Direct Growth

Hybrid

Direct

Arbitrage Fund

NAV as on 02-12-2024

₹ 27.4

0.1%

1D

Inception Returns

7%

/yr

About Aditya Birla Sun Life Arbitrage Fund Direct Growth

Aditya Birla Sun Life Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Lovelish Solanki. This fund gives you the benefit of diversification.

Key Parameters

  1. Aditya Birla Sun Life Arbitrage Fund Direct Growth has ₹13351 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Aditya Birla Sun Life Arbitrage Fund Direct Growth has given a CAGR return of 6.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.27%, 6.83% and 5.97% respectively.

Holdings

Aditya Birla Sun Life Arbitrage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Energy, Basic Materials, Consumer Cyclical, Tech, Corporate, Consumer Defensive, Communication, Health, Utilities, Government, Real Estate, Securitize.

Taxation

As it is a arbitrage fund mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Aditya Birla Sun Life Arbitrage Fund Direct Growth

The Scheme seeks 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 & Future).

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Aditya Birla Sun Life Arbitrage Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
165 people have invested ₹ 2.7Cr in Aditya Birla Sun Life Arbitrage Fund Direct Growth in the last three months

Aditya Birla Sun Life Arbitrage Fund Direct Growth Overview

Expense ratio0.29%
Benchmark
NIFTY 50 Arbitrage TR INR
AUM₹13351 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
1589.21%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Low Risk

Trailing Returns

as on (02-Dec-24)

Period
Aditya Birla Sun Life Arbitrage Fund Direct Growth
Arbitrage Fund Index
1M
0.6%
0.5%
3M
1.8%
1.5%
6M
3.9%
3.4%
1Y
8.3%
7.4%
3Y
6.8%
6.1%
5Y
6%
5.2%

Fund Distribution

as on (31-Oct-24)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Cash Equivalent
90.5%
Corporate
5.8%
Government
3.6%
Securitize
0.1%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 13.4K Cr
₹ 12.5K Cr
₹ 13.3K Cr
  • AUM of the fund stands at 13.4K Cr as of Oct'24
  • AUM increased by 848.5 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Financial Services, Industrial & Corporate

Oct'24
Financial Services
23%
Industrial
14%
Energy
12%
Sep'24
Financial Services
26%
Industrial
16%
Corporate
14%
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Lovelish Solanki
Lovelish Solanki
Fund Manager of Aditya Birla Sun Life Arbitrage Fund Direct Growth, since 15 December 2014
Fund House
Aditya Birla Sun Life AMC Ltd
Total AUM
₹3.89L Cr
as on 31-Oct-2024
Address
Aditya Birla Sun Life AMC Ltd,One World Centre, Tower 1, 17th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg,Elphinstone Road
Phone
+912243568000
Website
connect@birlasunlife.com

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has decreased expense ratio by 17.1% moving from 0.35 to 0.29.
Insights icon
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.46% return, outperforming this fund by 0.19%.
Insights icon
This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.29% which is lower than the category average expense ratio of 0.69%.
Insights icon
Over the last 6 months, this fund has experienced a 10.7% growth in AUM moving from 12.06K Cr to 13.35K Cr.
Insights icon
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.23% return, outperforming this fund by 0.26% per annum.
Insights icon
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 7.31% return, outperforming this fund by 0.47% per annum.

Aditya Birla Sun Life Arbitrage Fund Direct Growth Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.98% since inception which is more than its category average return of 5.26%
AUM size ₹13351 Cr

AUM size ₹13351 Cr

This fund has AUM of ₹13351 Cr which is more than its category average of ₹ 7500 Cr
Expense Ratio 0.29%

Expense Ratio 0.29%

This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.69%

Frequently Asked Questions for Aditya Birla Sun Life Arbitrage Fund Direct Growth

The current NAV of Aditya Birla Sun Life Arbitrage Fund Direct Growth is ₹27.4 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
Aditya Birla Sun Life Arbitrage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.61%
0.61%
6 Month Returns
3.89%
3.89%
1 Year Returns
8.27%
8.27%
3 Years Returns
21.94%
6.83%
5 Years Returns
33.66%
5.97%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.29% as on November 2024
₹13351 Cr as on November 2024
Aditya BSL Money Mgr Dir Gr(13%), Aditya BSL FRF Dir Gr(9.34%), Reliance Industries Ltd(4.23%), HDFC Bank Ltd(2.55%), Infosys Ltd(2.22%) as on November 2024
Cash Equivalent(90.91%), Corporate(5.78%), Government(3.64%) as on November 2024
AAA
100
Lovelish Solanki is the fund manager of Aditya Birla Sun Life Arbitrage Fund Direct Growth
The Exit load of Aditya Birla Sun Life Arbitrage Fund Direct Growth is 0.25%