Groww Arbitrage Fund - Direct Plan - IDCW Payout
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 12 as on 22-09-2023
Fund Performance
About the Fund
Groww Arbitrage Fund - Direct Plan - IDCW Payout is a hybrid fund. This fund was started on 19 December, 2014. The fund is managed by Anupam Tiwari, Kaustubh Sule. This fund gives you the benefit of diversification.
Key Parameters
- Groww Arbitrage Fund - Direct Plan - IDCW Payout 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 - IDCW Payout 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 - IDCW Payout as on (31-Aug-23)
Equity Holdings5
Groww Arbitrage Fund - Direct Plan - IDCW Payout: 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 - IDCW Payout Fund Manager
Anupam Tiwari
Fund Manager of Groww Arbitrage Fund - Direct Plan - IDCW Payout, since 4 May 2023
Top funds managed
Kaustubh Sule
Fund Manager of Groww Arbitrage Fund - Direct Plan - IDCW Payout, since 11 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 5.57% since inception which is more than its category average return of 4.96%
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 - IDCW Payout is ₹11.98 as on 22-Sep-2023.
Existing (Absolute + CAGR) as on 22-Sep-2023.
Groww Arbitrage Fund - Direct Plan - IDCW Payout | Absolute Returns | CAGR Returns |
1 Month Returns | 0.42% | 0.42% |
6 Month Returns | 2.83% | 2.83% |
1 Year Returns | 5.73% | 5.73% |
3 Years Returns | 11.92% | 3.83% |
5 Years Returns | 23.34% | 4.29% |
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
Axis Bank Ltd(14.31%), Oberoi Realty Ltd(12.16%), Dabur India Ltd(5.6%), City Union Bank Ltd(5%), Indian Hotels Co Ltd(3.41%) as on August 2023
Cash Equivalent(100.44%), Basic Materials(-0.02%), Consumer Cyclical(-0.02%) as on August 2023
Anupam Tiwari, Kaustubh Sule are the fund managers of Groww Arbitrage Fund - Direct Plan - IDCW Payout
The Exit load of Groww Arbitrage Fund - Direct Plan - IDCW Payout is 0.25%