ITI Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 12.39 as on 24-04-2024
Fund Performance
15 people have invested ₹ 13.5K in ITI Arbitrage Fund Direct Growth in the last three months
About the ITI Arbitrage Fund Direct Growth
ITI Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 9 September, 2019. The fund is managed by Vikrant Mehta. This fund gives you the benefit of diversification.
Key Parameters
- ITI Arbitrage Fund Direct Growth has ₹22 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.2.
ITI Arbitrage Fund Direct Growth Overview
 | 0.21% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹22 Cr |
 | 9 September, 2019 |
 | ₹5000/₹500 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 1179.23% |
ITI Arbitrage Fund Direct Growth Distribution as on (31-Mar-24)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
97.6%
Corporate
2.4%
Top Holdings of ITI Arbitrage Fund Direct Growth as on (31-Mar-24)
Equity Holdings17
Debt Holdings1
ITI Arbitrage Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 22.1 Cr as of Mar'24
- AUM decreased by 3.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
ITI Arbitrage Fund Direct Growth Fund Manager
Vikrant Mehta
Fund Manager of ITI Arbitrage Fund Direct Growth, since 18 January 2021
Top funds managed
ITI 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 4.72% since inception which is less than its category average return of 5.18%
AUM size ₹22 Cr
This fund has AUM of ₹22 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.21%
This fund has an expense ratio of 0.21% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of ITI Arbitrage Fund Direct Growth is ₹12.39 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
ITI Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.8% | 0.8% |
6 Month Returns | 4.05% | 4.05% |
1 Year Returns | 8.37% | 8.37% |
3 Years Returns | 16.05% | 5.09% |
5 Years Returns | 0% | 0% |
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.
0.21% as on March 2024
₹22 Cr as on March 2024
ITI Liquid Dir Gr(16.97%), Indus Towers Ltd Ordinary Shares(9.39%), HDFC Bank Ltd(8.27%), Steel Authority Of India Ltd(6.79%), Reliance Industries Ltd(6.04%) as on March 2024
Cash Equivalent(98.16%), Corporate(2.38%), Consumer Cyclical(-0.02%) as on March 2024
AAA | 100 |
Vikrant Mehta is the fund manager of ITI Arbitrage Fund Direct Growth
The Exit load of ITI Arbitrage Fund Direct Growth is 0.25%