Share Fund
The investment objective of the scheme is to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments indeb tsecurities & money market instruments.
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 | 0.34% |
| Min subscription | ₹ 5,000 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 10,408 |
| AMC AUM (in Crs.) | ₹ 2,33,617 |
| Min Addition Subscription | ₹ 1,000 |
| Benchmark Type |
| 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 | 3.82% |
Axis Arbitrage Fund - Direct Plan | 1000 | 1000 | 5.44% |
HSBC Arbitrage Fund - Direct Plan | 1000 | 1000 | 5.28% |
ICICI Prudential Equity Arbitrage Fund - Direct Plan | 1000 | 1000 | 5.36% |
Kotak Equity Arbitrage Fund - Direct Plan | 0 | 0 | 5.57% |
| Company | Holding Type | Asset(%) |
|---|---|---|
Cash Offset For Derivatives | Cash - Future Offset | 69 |
Hdfc Bank Limited_28/09/2023 | Equity - Future | 7 |
HDFC Bank Ltd | Equity | 7 |
Nippon India Money Market Dir Gr | Mutual Fund - Open End | 7 |
Nippon India Low Duration Dir Gr | Mutual Fund - Open End | 6 |
Future on Reliance Industries Ltd | Equity - Future | 5 |
Reliance Industries Ltd | Equity | 5 |
Nippon India Liquid Dir Gr | Mutual Fund - Open End | 4 |
Net Current Assets | Cash | 3 |
Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | 3 |
| Asset | Percent |
|---|---|
Equity | 69 |
Cash - Future Offset | 69 |
Equity - Future | 69 |
Mutual Fund - Open End | 16 |
Bond - Gov't Treasury | 6 |
| Sector | Percent |
|---|---|
Equity - Future | 69 |
Cash - Future Offset | 69 |
Financial Services | 23 |
Mutual Fund - Open End | 16 |
Basic Materials | 12 |
Fund Manager
Anju Chhajer
3+ years of experience
Kinjal Desai
5+ 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
