3 Year return
6.8%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Low Risk
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.
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
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 |
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
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 Growth
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Reinvestment
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 |
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
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How do I invest in Nippon India Arbitrage Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Nippon India Arbitrage Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Nippon India Arbitrage Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Nippon India Arbitrage Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.