Bajaj Finserv Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV as on 06-12-2024
₹ 10.93
1D
Inception Returns
7.5%
/yr
About Bajaj Finserv Arbitrage Fund Direct Growth
Bajaj Finserv Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 18 September, 2023. The fund is managed by Siddharth Chaudhary. This fund gives you the benefit of diversification.
Key Parameters
- Bajaj Finserv Arbitrage Fund Direct Growth has ₹1045 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Bajaj Finserv Arbitrage Fund Direct Growth has given a CAGR return of 7.53% since inception. Over the last 1 year the fund has given a CAGR return of 7.62%.
Holdings
Bajaj Finserv Arbitrage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Corporate, Tech, Energy, Utilities, Consumer Cyclical, Health, Consumer Defensive, Communication, Real Estate.
Taxation
As it is a arbitrage fund mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Bajaj Finserv Arbitrage Fund Direct Growth
The investment objective of the Scheme is to seek to generate returns by investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Bajaj Finserv Arbitrage Fund Direct Growth has no lock in period.
Historical NAV & Returns
Bajaj Finserv Arbitrage Fund Direct Growth Overview
| Expense ratio | 0.25% |
Benchmark | NIFTY 50 Arbitrage PR INR |
| AUM | ₹1045 Cr |
| Inception Date | 18 September, 2023 |
| Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 623.77% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Low Risk |
Trailing Returns
as on (06-Dec-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 699.7 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Industrial & Basic Materials
Bajaj Finserv Arbitrage Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹1045 Cr
Expense Ratio 0.25%
Frequently Asked Questions for Bajaj Finserv Arbitrage Fund Direct Growth
Bajaj Finserv Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 3.48% | 3.48% |
1 Year Returns | 7.62% | 7.62% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |