3 Year return

6.8%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

Low Risk

Your principal will be at

Low Risk

Scheme Information

Asset Under Management

₹15257.72 Cr.

Expense Ratio

0.38% (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.

Ratings

ARQ Rating
4.5

Ratings by other agencies

4
3
0

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings

Nippon India Mutual Fund Managers

AG

Anand Devendra Gupta

Fund Manager since Sep 2018

View Details

Fund House Details

Nippon India Mutual Fund

Nippon India Mutual Fund Asset management company

AUM ₹552,409.22 Cr.
No. of Schemes 314
Setup Date June 1995

Peer Comparison

Comparison with other similar funds

Funds
3 Y Returns
ARQ Rating

TATA Arbitrage Fund

6.83%

3.5

Invesco India Arbitrage Fund

7.21%

5

Edelweiss Arbitrage Fund

6.92%

4.5

Schemes by Nippon India Mutual Fund

List of mutual fund schemes by AMC

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 6%
Expense Ratio 0.38%
Fund Manager Anand Devendra Gupta
Fund Size ₹15257.72 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
Email 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.

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FAQs

What is today's NAV of Nippon India Arbitrage Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Nippon India Arbitrage Fund Oct 31 2024 is 27.3325

What is the AUM of Nippon India Arbitrage Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Nippon India Arbitrage Fund is 15257.72 crore.

What is the expense ratio of Nippon India Arbitrage Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Nippon India Arbitrage Fund is 0.38%

What are the returns of Nippon India Arbitrage Fund since inception?

The Nippon India Arbitrage Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 7.09 since inception.

What is the minimum SIP amount to invest in Nippon India Arbitrage Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Nippon India Arbitrage Fund is 100.

How do I invest in Nippon India Arbitrage Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Nippon India Arbitrage Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Nippon India Arbitrage Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Nippon India Arbitrage Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.