Bandhan Arbitrage Fund - Direct Plan - Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 32.11 as on 22-04-2024
Fund Performance
773 people have invested ₹ 78.1L in Bandhan Arbitrage Fund - Direct Plan - Growth in the last three months
Mutual Fund Insights
In the last 1 year, Kotak Equity Arbitrage Fund Direct Growth has given 8.66% return, outperforming this fund by 0.3%.
In the last 5 years, Tata Arbitrage Fund Direct Growth has given 6.17% return, outperforming this fund by 0.37% per annum.
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 6.49% return, outperforming this fund by 0.37% per annum.
Over the last 1 month, this fund has decreased expense ratio by 2.7% moving from 0.37 to 0.36.
This fund has one of the lowest expense ratio in the category (arbitrage fund). Its expense ratio is 0.36% which is lower than the category average expense ratio of 0.7%.
Over the last 6 months, this fund has experienced a 40.6% growth in AUM moving from 4.10K Cr to 5.76K Cr.
About the Bandhan Arbitrage Fund - Direct Plan - Growth
Bandhan Arbitrage Fund - Direct Plan - 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.
Key Parameters
- Bandhan Arbitrage Fund - Direct Plan - Growth has ₹5768 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Bandhan Arbitrage Fund - Direct Plan - Growth Overview
 | 0.36% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹5768 Cr |
 | 17 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 466.67% |
Bandhan Arbitrage Fund - Direct Plan - Growth Distribution as on (31-Mar-24)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
81%
Corporate
14.7%
Government
4.1%
Securitize
0.2%
Top Holdings of Bandhan Arbitrage Fund - Direct Plan - Growth as on (31-Mar-24)
Equity Holdings152
Debt Holdings19
Bandhan 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 5.8K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Bandhan Arbitrage Fund - Direct Plan - Growth Fund Manager
Harshal Joshi
Fund Manager of Bandhan Arbitrage Fund - Direct Plan - Growth, since 20 October 2016
Top funds managed
Bandhan Arbitrage Fund - Direct Plan - 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 6.88% since inception which is more than its category average return of 5.18%
AUM size ₹5768 Cr
This fund has AUM of ₹5768 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.36%
This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of Bandhan Arbitrage Fund - Direct Plan - Growth is ₹32.11 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Bandhan Arbitrage Fund - Direct Plan - Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.81% | 0.81% |
6 Month Returns | 4.11% | 4.11% |
1 Year Returns | 8.36% | 8.36% |
3 Years Returns | 19.52% | 6.12% |
5 Years Returns | 32.57% | 5.8% |
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.
0.36% as on March 2024
₹5768 Cr as on March 2024
Bandhan Money Manager Dir Gr(13.42%), HDFC Bank Ltd(7.76%), Small Industries Development Bank Of India(3.35%), Bandhan Ultra Short Term Dir Gr(3.1%), Adani Enterprises Ltd(2.59%) as on March 2024
Cash Equivalent(81.43%), Corporate(14.8%), Government(4.1%) as on March 2024
AAA | 100 |
Harshal Joshi is the fund manager of Bandhan Arbitrage Fund - Direct Plan - Growth
The Exit load of Bandhan Arbitrage Fund - Direct Plan - Growth is 0.25%