Nippon India Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV as on 04-02-2025
₹ 27.88
Inception Returns
7.1%
/yr
About Nippon India Arbitrage Fund Direct Growth
Nippon India Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Siddharth Deb, Vikash Agarwal. This fund gives you the benefit of diversification.
Key Parameters
- Nippon India Arbitrage Fund Direct Growth has ₹14739 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Nippon India Arbitrage Fund Direct Growth has given a CAGR return of 7.12% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.93%, 7.06% and 6.09% respectively.
Holdings
Nippon India Arbitrage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Industrial, Corporate, Basic Materials, Consumer Cyclical, Health, Tech, Communication, Consumer Defensive, Utilities, Government, Real Estate.
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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Nippon India Arbitrage Fund Direct Growth
The investment objective of the scheme is to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments in debt securities & money market instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Arbitrage Fund Direct Growth has no lock in period.
Historical NAV & Returns
Nippon India Arbitrage Fund Direct Growth Overview
| Expense ratio | 0.38% |
Benchmark | NIFTY 50 Arbitrage TR INR |
| AUM | ₹14739 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 1344.61% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Low Risk |
Trailing Returns
as on (04-Feb-25)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 14.7K Cr as of Dec'24
- AUM decreased by 679.7 Cr between Dec'24 and Nov'24
Top 3 Sectors in December were Financial Services, Industrial & Energy
Mutual Fund Insights
Nippon India Arbitrage Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹14739 Cr
Expense Ratio 0.38%
Frequently Asked Questions for Nippon India Arbitrage Fund Direct Growth
Nippon India Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.56% | 0.56% |
6 Month Returns | 3.6% | 3.6% |
1 Year Returns | 7.93% | 7.93% |
3 Years Returns | 22.72% | 7.06% |
5 Years Returns | 34.42% | 6.09% |
- 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.
AAA | 100 |