UTI Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV as on 05-09-2024
₹ 35.12
Inception Returns
6.7%
/yr
About the Fund
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.
Key Parameters
- UTI Arbitrage Fund Direct Growth has ₹6025 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
UTI Arbitrage Fund Direct Growth has given a CAGR return of 6.73% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.35%, 6.49% and 5.89% respectively.
Holdings
UTI Arbitrage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Corporate, Health, Energy, Consumer Defensive, Communication, Tech, Consumer Cyclical, Utilities, Real Estate, Government.
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 UTI Arbitrage Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.36% |
Benchmark | NIFTY 50 Arbitrage TR INR |
| AUM | ₹6025 Cr |
| Inception Date | 23 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 294% |
| 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 (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
- AUM of the fund stands at 6.1K Cr as of Jul'24
- AUM increased by 581.6 Cr between Jul'24 and Jun'24
Top 3 Sectors in July were Financial Services, Basic Materials & Industrial
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.83% | 45.6% | |
 Vedanta Ltd | 2.86% | -28.3% | |
 Bank of Baroda | 2.3% | 31.6% | |
 ITC Ltd | 2.3% | 211.1% | |
 Reliance Industries Ltd | 2.24% | 6.2% |
Mutual Fund Insights
UTI Arbitrage Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.36%
Frequently Asked Questions
UTI Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.56% | 0.56% |
6 Month Returns | 4.1% | 4.1% |
1 Year Returns | 8.35% | 8.35% |
3 Years Returns | 20.76% | 6.49% |
5 Years Returns | 33.14% | 5.89% |
- 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 |