Groww Arbitrage Fund Direct Plan Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 16.3 as on 29-09-2023
Fund Performance
3 people have invested ₹ 4.1K in Groww Arbitrage Fund Direct Plan Growth in the last three months
Fund Insights
In the last 1 year, Invesco India Arbitrage Fund Direct Plan Growth Option has given 8% return, outperforming this fund by 2.34%.
This fund expense ratio is slightly on the lower side within the category (arbitrage fund). Its expense ratio is 0.44% which is lower than the category average expense ratio of 0.71%.
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 5.74% return, outperforming this fund by 1.88% per annum.
In the last 5 years, Edelweiss Arbitrage Fund Direct Growth has given 5.92% return, outperforming this fund by 1.44% per annum.
Over the last 3 months, this fund has experienced a 43.9% drop in AUM moving from 4.4 Cr to 2.47 Cr.
About the Fund
Groww Arbitrage Fund Direct Plan Growth is a hybrid fund. This fund was started on 19 December, 2014. The fund is managed by Kaustubh Sule, Anupam Tiwari. This fund gives you the benefit of diversification.
Key Parameters
- Groww Arbitrage Fund Direct Plan Growth has ₹2 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.4.
Groww Arbitrage Fund Direct Plan Growth Overview
 | 0.44% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹2 Cr |
 | 19 December, 2014 |
 | ₹500/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 159.71% |
Fund Distribution as on (31-Aug-23)
Sector Allocation
Cash Equivalent
100%
Top Holdings of Groww Arbitrage Fund Direct Plan Growth as on (31-Aug-23)
Equity Holdings13
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Oberoi Realty Ltd | 9.54% | 0% | |
 Axis Bank Ltd | 7.4% | 0% | |
 Reliance Industries Ltd | 7.31% | 0% | |
 HDFC Bank Ltd | 7% | 0% | |
 Can Fin Homes Ltd | 5.94% | 0% |
See all
Groww Arbitrage Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2.5 Cr as of Aug'23
- AUM decreased by 1.9 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Groww Arbitrage Fund Direct Plan Growth Fund Manager
Kaustubh Sule
Fund Manager of Groww Arbitrage Fund Direct Plan Growth, since 11 May 2023
Top funds managed
Anupam Tiwari
Fund Manager of Groww Arbitrage Fund Direct Plan Growth, since 4 May 2023
Top funds managed
Fund 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 5.75% since inception which is more than its category average return of 4.97%
AUM size ₹2 Cr
This fund has AUM of ₹2 Cr which is less than its category average of ₹ 3775 Cr
Expense Ratio 0.44%
This fund has an expense ratio of 0.44% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of Groww Arbitrage Fund Direct Plan Growth is ₹16.34 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Groww Arbitrage Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.51% | 0.51% |
6 Month Returns | 2.98% | 2.98% |
1 Year Returns | 5.66% | 5.66% |
3 Years Returns | 12.04% | 3.86% |
5 Years Returns | 24.53% | 4.48% |
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.
0.44% as on August 2023
₹2 Cr as on August 2023
Oberoi Realty Ltd(9.54%), Axis Bank Ltd(7.4%), Reliance Industries Ltd(7.31%), HDFC Bank Ltd(7%), Can Fin Homes Ltd(5.94%) as on August 2023
Cash Equivalent(100.44%), Basic Materials(-0.02%), Consumer Cyclical(-0.02%) as on August 2023
Kaustubh Sule, Anupam Tiwari are the fund managers of Groww Arbitrage Fund Direct Plan Growth
The Exit load of Groww Arbitrage Fund Direct Plan Growth is 0.25%