Share Fund
A conservative arbitrage fund that aims to generate income through arbitrage opportunities arising out of pricing mismatch in a security between cash and derivative segment and with derivatives segment along with investments in debt securities and money market instruments. The fund portfolio is completely hedged and takes offsetting positions on various markets simultaneously. The arbitrage fund follows a market neutral strategy and carries no specific equity risk. In the absence of adequate arbitrage opportunities, the scheme may invest in short term debt or money market securities.
Suitability
This product is suitable for investors who are seeking
•
• Income over short term.Investment through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment
| Scheme Class | Hybrid |
| Scheme Category | Arbitrage Fund |
| Expense Ratio | 0.07% |
| Min subscription | ₹ 5,000 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 8,841 |
| AMC AUM (in Crs.) | ₹ 2,33,617 |
| Min Addition Subscription | ₹ 1,000 |
| Benchmark Type | Crisil Liquid Fund Index |
| Exit Load | Exit load of 0.25%, if redeemed between (0-1) months. No Exit load, if redeemed after 1 months. |
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
Indiabulls Arbitrage Fund - Direct Plan | 0 | 0 | 3.36% |
Axis Arbitrage Fund - Direct Plan | 1000 | 1000 | 4.81% |
HSBC Arbitrage Fund - Direct Plan | 1000 | 1000 | 4.77% |
ICICI Prudential Equity Arbitrage Fund - Direct Plan | 1000 | 1000 | 4.73% |
Kotak Equity Arbitrage Fund - Direct Plan | 0 | 0 | 4.94% |
| Company | Holding Type | Asset(%) |
|---|---|---|
Cash Offset For Derivatives | Cash - Future Offset | 71 |
Nippon India Money Market Dir Gr | Mutual Fund - Open End | 7 |
Nippon India Liquid Dir Gr | Mutual Fund - Open End | 5 |
Nippon India Low Duration Dir Gr | Mutual Fund - Open End | 4 |
Future on Kotak Mahindra Bank Ltd | Equity - Future | 4 |
Kotak Mahindra Bank Ltd | Equity | 4 |
Net Current Assets | Cash | 4 |
Future on ICICI Bank Ltd | Equity - Future | 3 |
ICICI Bank Ltd | Equity | 3 |
Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | 3 |
| Asset | Percent |
|---|---|
Equity - Future | 71 |
Cash - Future Offset | 71 |
Equity | 70 |
Mutual Fund - Open End | 17 |
Cash | 4 |
| Sector | Percent |
|---|---|
Equity - Future | 71 |
Cash - Future Offset | 71 |
Financial Services | 23 |
Mutual Fund - Open End | 17 |
Basic Materials | 12 |
Fund Manager
Anju Chhajer
2+ years of experience
Kinjal Desai
4+ years of experience
Anand Gupta
4+ years of experience
Akshay Sharma
0+ years of experience
About
customercare@nipponindiaim.in
Phone
18002090007
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W), Mumbai - 400 013
