Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt

Hybrid
Direct
Arbitrage Fund
Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt

About the Fund

Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt is a hybrid fund. This fund was started on 27 June, 2014. The fund is managed by Dhawal Dalal, Bhavesh Jain. This fund gives you the benefit of diversification.

Key Parameters

  1. Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt has ₹11769 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt has given a CAGR return of 6.12% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.77%, 6.55% and 5.08% respectively.

Holdings

Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Energy, Industrial, Consumer Cyclical, Communication, Health, Government, Tech, Corporate, Utilities, Consumer Defensive, 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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt

The investment objective of the Scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment 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 and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.37%
Benchmark
NIFTY 50 Arbitrage PR INR
AUM₹11769 Cr
Inception Date27 June, 2014
Min Lumpsum/SIP₹100/₹100
Exit Load
0.1%
Lock InNo Lock-in
TurnOver
440.65%
Risk
Risk meter
pointer
Low Risk

Fund Distribution
as on (31-May-24)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
91.4%
Government
5.1%
Corporate
3.5%
All changes are between Oct'69 and Dec'69

Dhawal Dalal
Dhawal Dalal
Fund Manager of Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt, since 22 December 2016
Bhavesh Jain
Bhavesh Jain
Fund Manager of Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt, since 27 June 2014

Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.12% since inception which is more than its category average return of 5.26%
AUM size ₹11769 Cr

AUM size ₹11769 Cr

This fund has AUM of ₹11769 Cr which is more than its category average of ₹ 6913 Cr
Expense Ratio 0.37%

Expense Ratio 0.37%

This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions

The current NAV of Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt is ₹13.78 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt
Absolute Returns
CAGR Returns
1 Month Returns
0.76%
0.76%
6 Month Returns
4.59%
4.59%
1 Year Returns
8.77%
8.77%
3 Years Returns
20.95%
6.55%
5 Years Returns
28.11%
5.08%
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.
0.37% as on May 2024
₹11769 Cr as on May 2024
Edelweiss Liquid Dir Gr(6.91%), HDFC Bank Ltd(6.67%), Reliance Industries Ltd(2.49%), Bharti Airtel Ltd(1.96%), Adani Enterprises Ltd(1.93%) as on May 2024
Cash Equivalent(91.88%), Government(5.11%), Corporate(3.49%) as on May 2024
AAA
100
Dhawal Dalal, Bhavesh Jain are the fund managers of Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt
The Exit load of Edelweiss Arbitrage Fund Direct Payout of Income Dis cum Cptl Wdrl Opt is 0.1%