DSP Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 14.34 as on 18-04-2024
Fund Performance
100 people have invested ₹ 29.8L in DSP Arbitrage Fund Direct Growth in the last three months
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 53.3% growth in AUM moving from 2.48K Cr to 3.81K Cr.
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.53% return, outperforming this fund by 0.47% per annum.
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.73% return, outperforming this fund by 0.33%.
Over the last 15 months, this fund has increased expense ratio by 3.0% moving from 0.33 to 0.34.
This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.34% which is lower than the category average expense ratio of 0.69%.
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.21% return, outperforming this fund by 0.42% per annum.
About the DSP Arbitrage Fund Direct Growth
DSP Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 25 January, 2018. The fund is managed by Kedar Karnik. This fund gives you the benefit of diversification.
Key Parameters
- DSP Arbitrage Fund Direct Growth has ₹3810 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.3.
DSP Arbitrage Fund Direct Growth Overview
 | 0.34% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹3810 Cr |
 | 25 January, 2018 |
 | ₹100/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 1187.65% |
DSP Arbitrage Fund Direct Growth Distribution as on (31-Mar-24)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
87%
Corporate
11.5%
Government
1.5%
Top Holdings of DSP Arbitrage Fund Direct Growth as on (31-Mar-24)
Equity Holdings143
Debt Holdings15
DSP Arbitrage Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 3.8K Cr as of Mar'24
- AUM decreased by 213.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
DSP Arbitrage Fund Direct Growth Fund Manager
Kedar Karnik
Fund Manager of DSP Arbitrage Fund Direct Growth, since 16 June 2020
Top funds managed
DSP Arbitrage Fund Direct Growth Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 5.95% since inception which is more than its category average return of 5.18%
AUM size ₹3810 Cr
This fund has AUM of ₹3810 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.34%
This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of DSP Arbitrage Fund Direct Growth is ₹14.34 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
DSP Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.89% | 0.89% |
6 Month Returns | 4.14% | 4.14% |
1 Year Returns | 8.4% | 8.4% |
3 Years Returns | 19.3% | 6.06% |
5 Years Returns | 32.46% | 5.78% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.34% as on March 2024
₹3810 Cr as on March 2024
DSP Savings Dir Gr(13.18%), HDFC Bank Ltd(7.58%), Reliance Industries Ltd(2.8%), Adani Enterprises Ltd(2.67%), Julius Baer Capital (India) Private Limited(2.61%) as on March 2024
Cash Equivalent(87.06%), Corporate(11.51%), Government(1.51%) as on March 2024
AAA | 100 |
Kedar Karnik is the fund manager of DSP Arbitrage Fund Direct Growth
The Exit load of DSP Arbitrage Fund Direct Growth is 0.25%