Sundaram Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV as on 06-09-2024
₹ 14.37
▲0.1%
1D
Inception Returns
4.4%
/yr
About the Fund
Sundaram Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 21 April, 2016. The fund is managed by Rohit Seksaria, Ashish Aggarwal, Dwijendra Srivastava. This fund gives you the benefit of diversification.
Key Parameters
- Sundaram Arbitrage Fund Direct Growth has ₹141 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Sundaram Arbitrage Fund Direct Growth has given a CAGR return of 4.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.00%, 5.97% and 4.75% respectively.
Holdings
Sundaram Arbitrage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Communication, Basic Materials, Government, Energy, Real Estate, Health, Tech, Utilities, Industrial, Corporate, Consumer Defensive.
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 Sundaram Arbitrage Fund Direct Growth
To generate income with minimal volatility by investing in equity, arbitrage strategies which fully offset the equity exposure and investments in debt instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Arbitrage Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.28% |
Benchmark | NIFTY 50 Arbitrage TR INR |
| AUM | ₹141 Cr |
| Inception Date | 21 April, 2016 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 975% |
| STCG | Redeeming 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 (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
- AUM of the fund stands at 140.6 Cr as of Jul'24
- AUM increased by 21.3 Cr between Jul'24 and Jun'24
Top 3 Sectors in July were Communication, Government & Basic Materials
Mutual Fund Insights
Sundaram Arbitrage Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.28%
Frequently Asked Questions
Sundaram Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.7% | 0.7% |
6 Month Returns | 3.99% | 3.99% |
1 Year Returns | 8% | 8% |
3 Years Returns | 18.99% | 5.97% |
5 Years Returns | 26.09% | 4.75% |
- 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 |