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3 Year return
6.32%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Low Risk
Asset Under Management
₹14796.07 Cr.
Expense Ratio
0.37% (inclusive of GST)
Exit Load
0.25% - If redeemed/switched out within 1 months from the date of allotment. Nil - If redeemed/switched out after 1 months from the date of allotment.
Tax Implications
Withdrawal within 1 year
Exit load + 15% tax on gains
Withdrawal after 1 year
10% tax on gains over ₹1 Lakh per financial year
Fund Holdings
Top Holdings | % of Asset |
---|---|
HDFC Bank Ltd | 5.61% |
Adani Ports & Special Economic Zone Ltd | 4.21% |
Kotak Mahindra Bank Ltd | 3.02% |
Bank of Baroda | 2.32% |
Reliance Industries Ltd | 1.92% |
Others | 82.92% |
Nippon India Mutual Fund Managers
AG
Anand Devendra Gupta
Fund Manager since Sep 2018
Fund House Details
Nippon India Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
TATA Arbitrage Fund Direct Plan Monthly Payout of IDCW Payout |
6.36% |
3.5 |
Invesco India Arbitrage Fund Direct Plan IDCW (Payout / Payout) |
6.61% |
5 |
Edelweiss Arbitrage Fund Direct Plan IDCW Payout |
6.44% |
4.5 |
Schemes by Nippon India Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Growth
About the Nippon India Arbitrage Fund Direct Plan Growth Plan Growth
The Nippon India Arbitrage Fund Direct Plan Growth is an arbitrage fund managed by Nippon India Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund. Arbitrage funds are a type of mutual fund that seeks to generate returns by taking advantage of the price differences between cash and derivative markets. These funds are considered to be a low-risk investment and are suitable for investors who are looking for short-term capital gains. The Nippon India Arbitrage Fund Direct Plan Growth invests in a diversified portfolio of arbitrage opportunities. The fund aims to generate returns that are higher than the returns offered by bank deposits.
Investment Objectives of the Scheme
The investment objective of the LIC MF Large Cap Fund Direct Plan Growth is to generate long-term capital appreciation by investing in a diversified portfolio of equity shares of large-cap companies. The investment objective of the Nippon India Arbitrage Fund Direct Plan Growth is to generate returns that are higher than the returns offered by bank deposits by investing in a diversified portfolio of arbitrage opportunities. The fund will invest at least 80% of its assets in arbitrage opportunities.
Key Features of The Fund
5-year return | 5.93% |
Expense Ratio | 0.37% |
Fund Manager | Anand Devendra Gupta |
Fund Size | ₹14796.07 Cr |
Risk Profile | Low |
Is This Scheme Right For Me?
The Nippon India Arbitrage Fund Direct Plan Growth is a good option for investors who are looking for short-term capital gains. The fund is also a good option for investors who are looking for a low-risk investment. However, the fund is not suitable for investors who are looking for high returns or who are not comfortable with the possibility of losing money.
AMC Contact Details
Name | Nippon India Mutual Fund |
Launch Date | June 1995 |
Addresss | Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013 |
Contact | 1860 266 0111 |
customercare@nipponindiaim.in | |
Website | https://mf.nipponindiaim.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.