DSP Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 14.4 as on 16-05-2024
About the Fund
DSP Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 25 January, 2018. The fund is managed by Kedar Karnik. This fund gives you the benefit of diversification.
Key Parameters
- DSP Arbitrage Fund Direct Growth has ₹4377 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Fund Performance
111 people have invested ₹ 49.9L in DSP Arbitrage Fund Direct Growth in the last three months
Overview
 | 0.34% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹4377 Cr |
 | 25 January, 2018 |
 | ₹100/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 1187.65% |
DSP Arbitrage Fund Direct Growth Distribution as on (30-Apr-24)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
88.7%
Corporate
9.6%
Government
1.7%
Top Holdings of DSP Arbitrage Fund Direct Growth as on (30-Apr-24)
Equity Holdings135
Debt Holdings13
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.4K Cr as of Apr'24
- AUM increased by 566.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has decreased expense ratio by 8.1% moving from 0.37 to 0.34.
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.14% return, outperforming this fund by 0.41% per annum.
This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.34% which is lower than the category average expense ratio of 0.7%.
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.52% return, outperforming this fund by 0.33%.
Over the last 6 months, this fund has experienced a 67.5% growth in AUM moving from 2.61K Cr to 4.37K Cr.
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.59% return, outperforming this fund by 0.48% per annum.
Peer Analysis
Fund Manager
Kedar Karnik
Fund Manager of DSP Arbitrage Fund Direct Growth, since 16 June 2020
Top funds managed
DSP Arbitrage Fund Direct Growth Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 5.95% since inception which is more than its category average return of 5.19%
AUM size ₹4377 Cr
This fund has AUM of ₹4377 Cr which is less than its category average of ₹ 6327 Cr
Expense Ratio 0.34%
This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of DSP Arbitrage Fund Direct Growth is ₹14.4 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
DSP Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.53% | 0.53% |
6 Month Returns | 4.04% | 4.04% |
1 Year Returns | 8.19% | 8.19% |
3 Years Returns | 19.45% | 6.1% |
5 Years Returns | 32.11% | 5.73% |
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.
0.34% as on April 2024
₹4377 Cr as on April 2024
DSP Savings Dir Gr(12.23%), HDFC Bank Ltd(4.38%), Vodafone Idea Ltd(3.87%), Bank of Baroda(2.28%), Adani Enterprises Ltd(2.22%) as on April 2024
Cash Equivalent(89.02%), Corporate(9.66%), Government(1.72%) as on April 2024
AAA | 100 |
Kedar Karnik is the fund manager of DSP Arbitrage Fund Direct Growth
The Exit load of DSP Arbitrage Fund Direct Growth is 0.25%