Hybrid
Direct
Arbitrage Fund
NAV as on 31-10-2024
₹ 33.43
Inception Returns
6.9%
/yr
Bandhan Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 17 January, 2013. The fund is managed by Harshal Joshi. This fund gives you the benefit of diversification.
Bandhan Arbitrage Fund Direct Growth has given a CAGR return of 6.93% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.23%, 6.78% and 5.84% respectively.
Bandhan Arbitrage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Corporate, Industrial, Consumer Cyclical, Energy, Tech, Government, Health, Communication, Consumer Defensive, Utilities, Real Estate.
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).
The investment objective of the Scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunity in the cash and the derivative segments of the equity markets and the arbitrage opportunity available within the derivative segments and by investing the balance in debt and money market instruments. However there is no assurance that the investment objective of the scheme will be realized.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Bandhan Arbitrage Fund Direct Growth has no lock in period.
Expense ratio | 0.37% |
Benchmark | NIFTY 50 Arbitrage TR INR |
AUM | ₹6876 Cr |
Inception Date | 17 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
Lock In | No Lock-in |
TurnOver | 569.01% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Low Risk |
as on (31-Oct-24)
as on (30-Sep-24)
Top 3 Sectors in September were Financial Services, Basic Materials & Corporate
Bandhan Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.69% | 0.69% |
6 Month Returns | 3.94% | 3.94% |
1 Year Returns | 8.23% | 8.23% |
3 Years Returns | 21.73% | 6.78% |
5 Years Returns | 32.84% | 5.84% |
AAA | 100 |