UTI Arbitrage Fund Direct Growth

UTI Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 23 January, 2013. The fund is managed by Amit Sharma, Sharwan Kumar Goyal. This fund gives you the benefit of diversification.

1. UTI Arbitrage Fund Direct Growth has ₹6415 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
2. The fund has an expense ratio 0.3.
   

UTI Arbitrage Fund Direct Growth has given a CAGR return of 6.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.98%, 7.24% and 6.10% respectively.

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

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The objective of the scheme is to generate capital appreciation through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment and by deployment of surplus cash in debt securities and money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. UTI Arbitrage Fund Direct Growth has no lock in period.