SBI Arbitrage Opportunities Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 33.08 as on 16-05-2024
About the Fund
SBI Arbitrage Opportunities Fund Direct Growth is a hybrid fund. This fund was started on 11 January, 2013. The fund is managed by Neeraj Kumar, Arun R.. This fund gives you the benefit of diversification.
Key Parameters
- SBI Arbitrage Opportunities Fund Direct Growth has ₹29009 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
- The fund has an expense ratio 0.4.
Fund Performance
178 people have invested ₹ 6.1Cr in SBI Arbitrage Opportunities Fund Direct Growth in the last three months
Overview
 | 0.44% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹29009 Cr |
 | 11 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 349.2% |
SBI Arbitrage Opportunities Fund Direct Growth Distribution as on (30-Apr-24)
Credit rating breakup
AAA
98.1%
AA
1.9%
Sector Allocation
Cash Equivalent
86.4%
Corporate
11.1%
Government
2.5%
Top Holdings of SBI Arbitrage Opportunities Fund Direct Growth as on (30-Apr-24)
Equity Holdings169
Debt Holdings21
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 29K Cr as of Apr'24
- AUM increased by 1.4K Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 3 months, this fund has increased expense ratio by 15.8% moving from 0.38 to 0.44.
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.52% return, outperforming this fund by 0.22%.
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.14% return, outperforming this fund by 0.43% per annum.
Over the last 6 months, this fund has experienced a 29.7% growth in AUM moving from 22.37K Cr to 29.00K Cr.
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.59% return, outperforming this fund by 0.18% per annum.
This fund expense ratio is slightly on the lower side within the category (arbitrage fund). Its expense ratio is 0.44% which is lower than the category average expense ratio of 0.7%.
Peer Analysis
Fund Manager
Neeraj Kumar
Fund Manager of SBI Arbitrage Opportunities Fund Direct Growth, since 5 October 2012
Top funds managed
Arun R.
Fund Manager of SBI Arbitrage Opportunities Fund Direct Growth, since 30 June 2021
Top funds managed
SBI Arbitrage Opportunities 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 6.78% since inception which is more than its category average return of 5.19%
AUM size ₹29009 Cr
This fund has AUM of ₹29009 Cr which is more than its category average of ₹ 6327 Cr
Expense Ratio 0.44%
This fund has an expense ratio of 0.44% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of SBI Arbitrage Opportunities Fund Direct Growth is ₹33.08 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
SBI Arbitrage Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.53% | 0.53% |
6 Month Returns | 4.01% | 4.01% |
1 Year Returns | 8.3% | 8.3% |
3 Years Returns | 20.49% | 6.41% |
5 Years Returns | 31.99% | 5.71% |
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.
0.44% as on April 2024
₹29009 Cr as on April 2024
SBI Savings Dir Gr(9.43%), HDFC Bank Ltd(8.25%), Reliance Industries Ltd(5.17%), Kotak Mahindra Bank Ltd(2.89%), SBI Magnum Low Duration Dir Gr(2.67%) as on April 2024
Cash Equivalent(86.72%), Corporate(11.14%), Government(2.51%) as on April 2024
AAA | 98.09 |
AA | 1.91 |
Neeraj Kumar, Arun R. are the fund managers of SBI Arbitrage Opportunities Fund Direct Growth
The Exit load of SBI Arbitrage Opportunities Fund Direct Growth is 0.25%